The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22. Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well. METRO now expects: [ … ]

The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22. Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well. METRO now expects: [ … ]

The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA for the financial year 2021/22. Business in H1 2021/22 has developed better than expected, especially in the segment West (excl. Germany). This is significantly driven by rising inflation but also a strong Horeca recovery as the 'sCore' strategy execut [ … ]

The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA for the financial year 2020/21. The decisive factor is the better than expected business development since the easing of restrictions. Dedicated operational measures to support the re-start of our customers resulted in continuous market share gains. Th [ … ]

According to preliminary figures for the first half of the 2020/21 financial year, total sales in local currencies decreased by -11.5% vs. the previous year, while EBITDA adjusted (excluding transformation costs and earnings contributions from real estate transactions) amounted to approximately EUR 490 million. Adjusted for currency effects that eq [ … ]

The Chairman of the Management Board, Olaf Koch, today informed the Chairman of the Supervisory Board that he does not seek a prolongation of his contract (term until 1 March 2022) and intends to step down from the Management Board as of 31 December 2020. The Supervisory Board will deliberate on the matter shortly. Contact: METRO AG Sabrina Ley Di [ … ]

METRO started strongly into the financial year 2019/20. Until end of February the development was in the upper end of the guidance range and H1 2019/20 was concluded with respective like-for-like sales growth of 1.5% and stable EBITDA adjusted[1]. Thereafter, METRO's overall sales and earnings have been affected by the regulatory measures related t [ … ]