Press Releases

METRO GROUP kicks off 2015/16 with like-for-like sales increases at METRO Cash & Carry and Media-Saturn

01/12/2016

  • Group like-for-like sales in Q1 2015/16 on prior year level: +0.1%
  • Very good Christmas business in Germany with like-for-like salesincreased by 2.1%
  • Currency adjusted sales growth at METRO Cash & Carrycompensates for portfolio changes
  • Media-Saturn with positive sales development especially in Germanyand Western Europe
  • Sale of METRO Cash & Carry Vietnam successfully completed;
    positive EBIT effect of more than €400 million

Dusseldorf, 12 January 2016. According to preliminary figures, METRO GROUP achieved like-for-like sales in Q1 2015/16 on prior year level (+0.1%). METRO Cash & Carry and Media-Saturn showed sustained positive development in terms of like-for-like sales. In the corresponding quarter of the previous year, sales in Russia benefited from pull-forward effects in the course of the rouble crisis, which then were even compensated through the overall strong Christmas quarter in 2015.

For further information, please see the attached press release.