Press Releases

METRO GROUP 2013/14 with positive dynamic during the course of the year

12/16/2014

  • EBIT before special items at €1,727 million – profit for the period significantly above the previous year’s figure
  • 1.3% rise in sales (adjusted for portfolio changes and currency effects) – like-for-like sales increased slightly after a decline during the previous year
  • EPS before special items increased by about 25% to €1.84
  • Dividend proposal of €0.90 per ordinary share
  • Net debt reduced considerably by €736 million
  • Online and delivery with significant growth
  • Like-for-like sales rose in the fourth quarter by 0.7%; increase in all sales divisions
  • Christmas business satisfactory after slow start
  • Outlook for 2014/15: Adjusted for currency effects further rise in sales and earnings expected

Dusseldorf, 16 December 2014. In financial year 2013/14, METRO GROUP successfully continued to implement its transformation process and met its targets: The Düsseldorf-based retail and wholesale company was in line with outlook with EBIT before special items of €1,727 million and sales growth adjusted for portfolio changes and currency effects of 1.3%. The considerable improvement in earnings at Media-Saturn made a significant contribution to this development. “We have made significant progress in all business activities by systematically focusing on our customer groups in terms of range, services and multichannel marketing,” said Olaf Koch, CEO of METRO AG. “This trend is also reflected in our figures. The fourth quarter was especially outstanding with a rise in like-for-like sales in all sales divisions. In order to keep momentum for this business development going, not only will we proceed in 2014/15 resolutely with the transformation of METRO GROUP, but we will also intensify those efforts.” In addition, METRO GROUP further strengthened its financial foundation by significantly reducing its net debt by €736 million. At the Annual General Meeting, a dividend of €0.90 per ordinary share will be proposed to let the shareholders participate in the positive development of business.