Press Releases

METRO GROUP shows positive operating performance in first 9 months

08/06/2015

  • Like-for-like Group sales increase by 1.6% in 9M 2014/15; slight decline by 0.4% in Q3 2014/15 due to Easter shift
  • METRO Cash & Carry posts 8th and Media-Saturn 4th consecutive quarterly increase in like-for-like sales
  • METRO GROUP boosts online sales in Q3 by 26%; delivery sales continue strong growth (Q3 2014/15: +14.5%)
  • Profit for the period in Q3 improved by €180 million to €97 million (Q3 2013/14: €-83 million).
  • Negative currency effects reduce EBIT before special items by about €100 million in first nine months
  • METRO GROUP confirms outlook for continuing operations infinancial year 2014/15
  • New growth potential for METRO Cash & Carry: METRO GROUP acquires Classic Fine Foods Group

Dusseldorf, 6 August 2015. METRO GROUP continued its positive operating performance during the first nine months of financial year 2014/15: Like-for-like sales increased by 1.6% between October 2014 and June 2015. The shift in the Easter business left its mark on business developments in Q3 2014/15, causing like-for-like sales to decline slightly by 0.4%. Due to negative currency effects, EBIT before special items fell short of the previous year's period in the first nine months of 2014/15 at €1,076 million (Q3 2013/14:€1,127 million). However, EBIT before special items adjusted for currency effects increased. In the third quarter, EBIT before special items amounted to €209 million after €253 million in Q3 2013/14. "The positive operating trend continued in many parts of our Group during the third quarter of the current financial year", said Olaf Koch, Chairman of the Management Board of METRO AG. "In spite of the earlier Easter business compared with the previous year, METRO Cash & Carry posted the 8th consecutive quarterly increase in like-for-like sales. Media-Saturn also continued its stable sales development while posting significantly better earnings as well as market share gains in numerous countries. As a result, we expressly confirm our outlook for our continuing operations in financial year 2014/15."

For further information, please see the attached press release.