Ceconomy stock gained 4.76 percent as JD.com deal nears EU approval

Published on 10/04/2026 at 22:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ceconomy stock is linked to EUR 18.4 billion in nine-month sales and EUR 342 million in adjusted EBIT. The EU decision on JD.com's bid is due by November 4.

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Ceconomy stock (ISIN DE0007257503) gained 4.76 percent to EUR 4.40 on Xetra on October 2, 2026, with the last quote stamped 5:35 p.m. CEST. As Reuters reported on October 2, JD.com was set to secure European Union approval for its USD 2.5 billion bid after revising its regulatory commitments.

EU decision sets the tone

The European Commission is due to decide on the transaction by November 4, according to Reuters. The regulator is examining the deal under the Foreign Subsidies Regulation, while the proposed takeover would give JD.com access to Ceconomy's MediaMarkt and Saturn retail network across Europe.

The offer matters because the quoted transaction value exceeds Ceconomy's current equity value. Ceconomy's October 2 market capitalization was EUR 2.1 billion, while the bid value cited by Reuters was USD 2.5 billion.

Sales and EBIT move higher

Ceconomy's latest nine-month update showed EUR 18.4 billion in sales for fiscal 2025/2026, a 5 percent increase adjusted for currency and portfolio effects. According to the Yahoo Finance transcript dated July 30, adjusted EBIT reached EUR 342 million, up EUR 62 million from the prior year.

The operating mix also improved. Like-for-like sales rose 8.2 percent in Q3, online sales increased 10 percent over the first nine months, and the loyalty program reached 57 million members, up 13 million year over year, the Yahoo Finance transcript said.

Consensus stays below the offer price

The analyst consensus remains cautious despite the takeover premium. Investing.com lists a Sell consensus from 3 analysts and an average 12-month price target of EUR 4.60, which is 4.55 percent above the October 2 price of EUR 4.40.

The next company milestones are the Q4 trading statement on October 27, 2026, and the full-year results on December 14, 2026, dates identified in the Yahoo Finance transcript.

Stock remains near yearly high

Ceconomy was last at EUR 4.40 on Xetra on October 2, 2026, at 5:35 p.m. CEST. The price stood 4.14 percent below its 52-week high of EUR 4.59 and above the 52-week low of EUR 3.51.