Investor Relations

Financial Reports 2004

Content overview

International sales up 9.2% to €27.6 bn; at constant exchange rates +9.6% - international share of sales at 49%
METRO Group continues expansion of Cash & Carry and Media Markt and Saturn with a total of 102 openings
EPS growth of 6-10% pre non recurring expenditures for the disposal of 137 Extra stores expected
Q4 Group sales increase 6.0% with satisfactory Christmas business; at constant exchange rates +4.9%
Decreasing price effects in Eastern Europe dampen local currency growth in Q4
Last December week unusually weak
Metro Cash & Carry with solid international business in Q4 – over-proportionate development in Eastern Europe
Media Markt and Saturn with like-for-like growth in Germany and abroad and accelerated expansion in Q4

9M Group sales up 5.7% at constant exchange rates - incl. currency effects +5.0%
9M International sales up 10.4% at constant exchange rates – Eastern Europe +17.8%
9M EBT improved from € 370.9 m to € 447.7 m
9M EPS increased 9 Cents to 0.81 €
For 2004 sales growth at constant exchange rates of at least 6% and EPS growth of 6-10% expected
German food business in Q3 characterized by extraordinary effects
Nonfood divisions in Germany and abroad with significant sales growth in Q3 – Media Markt and Saturn +13.5%, Praktiker +10.2%, Kaufhof +3.6%
International share of sales for the first time at 50% in Q3

Group sales in H1 up 6.2% at constant exchange rates - incl. currency effects +5.1%
International sales up 11.4% at constant exchange rates - Eastern Europe +18.2%
EBT improved in H1 from € 182.2 m to € 239.7 m
EPS increased 8 Cents to 0.44 €
For 2004 sales growth at constant exchange rates of at least 6% and EPS growth of 6-10% expected
Food business Germany in Q2 affected by missing summer
Media Markt and Saturn with outstanding sales growth in Q2: +20.7% at constant exchange rates
Praktiker Germany confirms turnaround with 6.4% like-for-like sales growth in Q2

Group sales up 7.3% at constant exchange rates - incl. currency effects +6.1%
International sales up 13.7% at constant exchange rates – Eastern Europe +21.3%
EBT up from € 1.6 m to € 35.4 m
EPS improved 5 cents to € 0.04
Expectations 2004 reiterated: sales growth at constant exchange rates of at least 6% and EPS growth of 6-10%
Metro Cash & Carry – sales growth of 9.6% at constant exchange rates
Media Markt and Saturn – sales +16.2% at constant exchange rates
Praktiker – positive operational development continued