Press Releases

METRO GROUP continues operational improvement trend in 2014/15

12/15/2015

  • EBIT before special items totalling €1,511 million, influenced by the negative impact of exchange rate effects amounting to €117 million (2013/14: €1,531 million)
  • Earnings forecast confirmed: comparable previous year's figure of €1,414 million adjusted for currency effects significantly exceeded
  • Profit or loss for the period before special items increases to €688 million (2013/14: €673 million); profit or loss reported for the period reaches €714 million (2013/14: €182 million)§ Earnings per share before special items improves to €1.91 (2013/14: €1.84)
  • Like-for-like sales grow by 1.5% - at €59.2 billion, reported sales down slightlyon the previous year due to exchange rate and portfolio effects§ METRO Cash & Carry increases like-for-like sales for the ninth consecutive quarter, Media-Saturn for the fifth consecutive quarter
  • Net debt reduced significantly by €2.2 billion to €2.5 billion
  • Dividend should rise by €0.10 to €1.00 per ordinary share (2013/14: €0.90)
  • Outlook for 2015/16: adjusted for exchange rate effects, further sales and earnings increase expected

Financial year 2014/15 marks one of the most intensive and yet successful phases of METRO GROUP's transformation. Apart from finalising key portfolio measures, such as the sale of Galeria Kaufhof, the Düsseldorf-based retail and wholesale company continued the positive trend concerning its operating business. In the reporting year, like-for-like Group sales rose by 1.5% and EBIT before special items totalled €1,511 million, while negative exchange rate effects amounted to €117 million altogether. METRO GROUP therefore significantly exceeded the comparable previous year's figure of €1,414 million adjusted for currency effects. As a result, the company met its sales and earnings targets for the financial year.

For further information, please see the attached press release.