According to preliminary and unaudited figures, METRO AG’s like-for-like sales in Q1 2018/19 increased by 2.3% in comparison with the previous year. “In the first quarter of 2018/19, METRO has achieved the best like-for-like sales development for six quarters. Nearly all segments contributed positively to this. In Russia the rolled out measures showed positive results and like-for-like sales were only slightly negative. We confirm our outlook for the financial year 2018/19”, said Olaf Koch, Chairman of the Management Board. Total sales declined by -0.6% to €8.0 billion, due to negative currency effects in Russia and Eastern Europe. However, total sales in local currency grew by 2.1%.
For further information please see the attached press release.