Press Releases

METRO AG adjusts outlook for financial year 2017/18

04/20/2018

Today METRO AG has adjusted its outlook for earnings and sales for the financial year 2017/18 in particular on the basis of reduced expectations for the second half-year of the financial year 2017/18 as compared to previous planning. The Management Board of METRO AG now expects the EBITDA* (exchange-rate adjusted and excluding earnings contributions from real estate transactions) of METRO to increase slightly – instead of by approximately 10% – in the financial year 2017/18 as compared to last year's result of EUR 1,436 million. With regard to overall sales METRO AG now expects a growth rate of minimum 0.5% in the financial year 2017/18 instead of a growth rate of minimum 1.1% (both figures exchange-rate adjusted).

For further information, please see the attached press release.