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B4B3 Metro AG News Story

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Consumer DefensivesAdventurousMid CapTurnaround

Brief: Metro: Q4 Reported Sales Up 12.1% At EUR 8.0 Bln

Oct 21 (Reuters) - METRO AG  B4B.DE :
    * Q4 SALES UP 11.8% IN LOCAL CURRENCY
    * FY REPORTED SALES UP 20.1% TO EUR 29.8 BILLION
    * EXPECTS FY ADJUSTED EBITDA TO REACH MIDPOINT OF GUIDANCE
RANGE
    * FY SALES UP 20.4% IN LOCAL CURRENCY
    * CEO: NEXT YEAR CONTINUES TO BE CHALLENGING WITH HIGH
INFLATION
AND GROWING COST PRESSURE
    * CEO: WELL POSITIONED FOR MID-TERM AMBITION OF 3-5% SALES
AND
EBITDA CAGR UNTIL 2024/25
    * Q4 REPORTED SALES UP 12.1% TO EUR 8.0 BILLION

Further company coverage:  B4B.DE 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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