METRO AG · ISIN: DE000BFB0019 · EQS - adhoc news

METRO AG: METRO AG raises outlook for FY 2021/22 due to rising inflation and better than expected business development

The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22. Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well. METRO now expects: Sales to grow by approximately 17% to 22% vs. previous year (previously: 9% to 15%) EBITDA adjusted to grow by approximately EUR 150-230 million vs...

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06 July 2022 04:16PM
METRO AG: METRO AG raises outlook for FY 2021/22 due to rising inflation and better than expected business development
DE000BFB0019
The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22. Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well. METRO now expects:...
METRO AG
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06 July 2022 04:16PM
METRO AG raises outlook for FY 2021/22 due to rising inflation and better than expected business development
DE000BFB0019
The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22. Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well. METRO now expects:...
METRO AG
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21 April 2022 09:06PM
METRO AG raises outlook for FY 2021/22 due to rising inflation and better than expected business development, Q2 EPS negatively impacted by war in Ukraine
DE000BFB0019
The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA for the financial year 2021/22. Business in H1 2021/22 has developed better than expected, especially in the segment West (excl. Germany). This is significantly driven by rising inflation but also a strong Horeca recovery as the 'sCore' strategy execut...
METRO AG
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27 July 2021 07:22PM
METRO AG raises outlook for FY 2020/21 following strong development of Horeca business since ease of restrictions
DE000BFB0019
The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA for the financial year 2020/21. The decisive factor is the better than expected business development since the easing of restrictions. Dedicated operational measures to support the re-start of our customers resulted in continuous market share gains. Th...
METRO AG
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20 April 2021 07:54PM
METRO sales and earnings development in the first half of 2020/21 within guidance expectation - Update of guidance for the financial year 2020/21 due to longer regulatory measures related to Covid-19
DE000BFB0019
According to preliminary figures for the first half of the 2020/21 financial year, total sales in local currencies decreased by -11.5% vs. the previous year, while EBITDA adjusted (excluding transformation costs and earnings contributions from real estate transactions) amounted to approximately EUR 490 million. Adjusted for currency effects that eq...
METRO AG
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21 August 2020 06:06PM
METRO AG: Chairman of the Management Board does not seek prolongation of contract and intends to step down as of 31 December 2020
DE000BFB0019
The Chairman of the Management Board, Olaf Koch, today informed the Chairman of the Supervisory Board that he does not seek a prolongation of his contract (term until 1 March 2022) and intends to step down from the Management Board as of 31 December 2020. The Supervisory Board will deliberate on the matter shortly. Contact: METRO AG Sabrina Ley Di...
METRO AG
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03 August 2020 07:18PM
METRO AG: Recovery within 3rd quarter 2019/20, sales in July on previous year level. 4th quarter 2019/20 expected roughly on previous year level, new outlook for 2019/20 financial year
DE000BFB0019
METRO started strongly into the financial year 2019/20. Until end of February the development was in the upper end of the guidance range and H1 2019/20 was concluded with respective like-for-like sales growth of 1.5% and stable EBITDA adjusted[1]. Thereafter, METRO's overall sales and earnings have been affected by the regulatory measures related t...
METRO AG
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More METRO AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 3 22nd March 2023 Gasset Giraldez, Rafael DD
Short Seller (DE) 15 30th November 2020 Millennium International Management LP SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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