Brief: Metro H1 Adjusted EBITDA Declined To EUR 478 MLN

Metro AG

07/05/2024 17:30

May 7 (Reuters) - METRO AG  B4B.DE :
    * METRO AG - ADJUSTED EBITDA REACHES EUR 73 MILLION (Q2
2022/23:
EUR 111 MILLION)
    * METRO AG - NET INCOME (ATTRIBUTABLE TO METRO SHAREHOLDERS)
WAS
EUR -193 MILLION IN Q2 2023/24 (Q2 2022/23: EUR -107 MILLION)
    * METRO AG - EPS DECLINE TO EUR -0.53 IN Q2 2023/24 (Q2
2022/23:
€-0.29) DUE TO NON-CASH CURRENCY EFFECTS IN THE NET FINANCIAL
RESULT
    * METRO AG - THE ADJUSTED EBITDA DECLINED TO EUR 478 MILLION
IN H1
2023/24 (H1 2022/23: EUR 577 MILLION)
    * METRO AG - H1 EBIT AT EUR 93 MILLION (H1 2022/23 EBIT AT
EUR 369
MILLION)
    * METRO AG -  OUTLOOK FOR FINANCIAL YEAR 2023/24 CONFIRMED
    * METRO AG - H1 REPORTED TOTAL SALES ROSE SLIGHTLY BY 0.1%
TO EUR
15.0 BILLION AND WERE HEAVILY IMPACTED BY NEGATIVE CURRENCY
EFFECTS, ESPECIALLY IN RUSSIA AND TURKEY
    * METRO AG - ADJUSTED FOR CURRENCY AND PORTFOLIO EFFECTS, Q2
SALES
ROSE BY 7.2%, AND IN LOCAL CURRENCY BY 3.9%
    * METRO AG - CURRENCY- AND PORTFOLIO-ADJUSTED SALES WERE UP
8.2%
IN H1 2023/24, AND IN LOCAL CURRENCY BY 5.1%

Further company coverage:  B4B.DE 

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