Ceconomy AG Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Clement Genelot - Bryan Garnier & Co Ltd, Research Division - Analyst : Three questions on my side. The first one is on wage inflation. Do you see any wage inflation I mean throughout Europe or Asia, and especially in Germany with the rise of minimum wage, if I'm right, A better plan in July and October? My second question is whether on prices. Did you already REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 07, 2022 / 8:00AM, CECG.DE - Q1 2022 Ceconomy AG Earnings Call implemented some price increases given inflation? And is it really visible in countries such as Germany, where we know that Amazon is still quite aggressive? And my third question is on the marketplace. Well, we also expect the upcoming marketplace in Austria and the Netherlands to positively contribute to EBIT this year?

Question: Stephen Benhamou - BNP Paribas Exane, Research Division - Analyst : I've got a question regarding the Zalando move. They have decided to integrate in the offer PayPal and bit product? Is that a threat for you? And how do you see the competitive landscape on a general basis?

Question: Stephen Benhamou - BNP Paribas Exane, Research Division - Analyst : No, Zalando, they decided to integrate PayPal and bit product in their offer in Germany, especially, and also in DACH region. How do you see this move? And on a global basis, how do you see your competitive landscape given the resilient consumer product goods sector, but also the competition and the inflationary environment?