Brief: METRO: 2021/22 Sales To Grow By Approximately 9% To 15%

Metro AG

22/04/2022 06:41

April 22 (Reuters) - Metro AG  B4B.DE :
    * SAID ON THURSDAY: RAISES OUTLOOK FOR FY 2021/22 DUE TO
RISING
INFLATION AND BETTER THAN EXPECTED BUSINESS DEVELOPMENT, Q2 EPS
NEGATIVELY IMPACTED BY WAR IN UKRAINE
    * OUTLOOK 2021/22: SALES TO GROW BY APPROXIMATELY 9% TO 15%
VS.
PREVIOUS YEAR (PREVIOUSLY: 3% TO 7%)
    * Q2 2021/22 SALES (CONSTANT CURRENCY) GREW BY 26% COMPARED
TO
PREVIOUS YEAR
    * Q2 2021/22 EBITDA ADJUSTED GREW TO EUR 157 MILLION (EUR
114
MILLION IN PY)
    * CONTINUES THE EXECUTION OF ITS SCORE STRATEGY AND
RECONFIRMS ITS
MID-TERM AMBITION OF 3-5% SALES AND EBITDA CAGR IN THE PERIOD
2022-2025

Source text for Eikon:  ID:nEQ135vJYa 
Further company coverage:  B4B.DE 

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