Brief: Metro FY Sales Up 1.6% At EUR 31.0 Bln

Metro AG

21/10/2024 17:30

Oct 21 (Reuters) - METRO AG  B4B.DE :
    * METRO AG - Q4 SALES GREW BY 1.7% TO EUR 8.0 BILLION,
IMPACTED BY
NEGATIVE EXCHANGE RATE EFFECTS, PARTICULARLY IN TÜRKIYE
    * METRO AG - ADJUSTED EBITDA CHANGE EXPECTED AT THE LOWER
END OF
THE GUIDANCE RANGE (EUR -100 MILLION TO EUR 50 MILLION VERSUS
PREVIOUS YEAR)
    * METRO AG - FY SALES UP 1.6% TO EUR 31.0 BILLION, IMPACTED
BY
NEGATIVE EXCHANGE RATE EFFECTS IN RUSSIA AND TÜRKIYE
    * METRO AG - FY SALES WERE IN UPPER HALF OF THE GUIDANCE
RANGE
    * METRO AG - IN GERMANY, SALES REMAINED AT THE PREVIOUS
YEAR'S
LEVEL
    * METRO AG - SEGMENT WEST GREW BY 0.7%, RUSSIA BY 10.1%, AND
SEGMENT EAST BY 7.4%
    * METRO AG - ECONOMIC LANDSCAPE AND THE OUTLOOK FOR THE
COMING
YEAR REMAINS CHALLENGING

Further company coverage:  B4B.DE 

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