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Ceconomy - Coronavirus (COVID-19) Company Impact

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    Company Profile

  • May 2020
  • GlobalData
  • ID: 5136740
Ceconomy - Coronavirus (COVID-19) Company Impact

Summary

The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact Ceconomy's performance.

The European region makes up 100% of Ceconomy’s revenues, and the fact that the region has been among the hardest hit by the COVID-19 pandemic means the group’s recovery will prove challenging.

According to the publisher's revised forecast, sales are estimated to decline by 10% to US$27.1 billion in 2020. This is in stark contrast to pre-COVID-19 2.1% forecast rise on 2019

Scope
  • COVID-19 will have a major impact on the group’s overall revenues for 2020
  • Ceconomy seeks government aid amid the outbreak to continue its business
  • MediaMarktSaturn donates tablets and 3D printers to support communities during the pandemic

Reasons to Buy
  • Use our revised 2020 forecast for Ceconomy to understand how it will perform this year.
  • Use our charts to review how Ceconomy sales are split by region globally and how these regions have been impacted by COVID-19.
  • Use our in-depth analysis to review how Ceconomy has responded to COVID-19 and how this will affect its performance.

Table of Contents

  • Executive Summary
  • Ceconomy. exposure to COVID-19
  • Ceconomy. operational responses to COVID-19
  • Key findings
  • Key conclusions
  • Geographic spread analysis - COVID 19 vs Ceconomy. Group Sales
  • Global & regional impact
  • Ceconomy. COVID-19 global impact score
  • Ceconomy. forecast 2020 sales performance
  • Ceconomy. exposure: brand sales by region vs regional impact levels
  • Company reaction
  • Community support
  • Instore measures
  • Appendix
  • Methodology

List of Figures
  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/ regions affected by COVID-19
  • Spread of Ceconomy. sales and stores in 2019
  • COVID-19 global impact score for Ceconomy. versus competitors (ppt)
  • Ceconomy. global revenue (USD bn) and y-o-y change (%) with 2020 COVID-19 forecast
  • Ceconomy. exposure: brand sales by region vs regional impact levels

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ceconomy
  • Best Buy Co Inc
  • Apple Inc
  • Target Corporation
  • GOME Electrical Appliances Holding Ltd
  • Bic Camera Co Ltd
  • Casino Guichard-Perrachon SA
  • Suning Commerce Group Co Ltd