Brief: Metro Sees 2022/23 Adj. EBITDA To Drop By EUR 75-225 Mln Vs FY 2021/22

Metro AG

14/12/2022 17:30

Dec 14 (Reuters) - METRO AG  B4B.DE :
    * FY ADJUSTED EBITDA UP AT EUR 1.39 BILLION (2020/21: EUR
1.17
BILLION)
    * FY NET LOSS OF EUR 331 MILLION VERSUS LOSS OF EUR 45
MILLION IN
2020/21
    * OUTLOOK 2022/23: ADJUSTED. EBITDA DOWN BY EUR 75-225
MILLION
VERSUS FY 2021/22, DUE TO COST INCREASES RELATED TO INFLATION
    * OUTLOOK 2022/23: EXPECTS RETURN TO POSITIVE EPS AND
DIVIDEND
PAYMENT
    * OUTLOOK 2022/23: 5-10% SALES GROWTH
    * MID-TERM OUTLOOK: 5-10% SALES CAGR (BEFORE: 3-5%)
    * MID-TERM OUTLOOK: 5-7% EBITDA CAGR (BEFORE: 3-5%)
    * ACCORDING TO DIVIDEND POLICY, NO DIVIDEND DISTRIBUTION
PLANNED
FOR FY 2021/2022

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