Investor Relations

Financial Reports 2005

Content overview

Portfolio optimization with Praktiker IPO
METRO Group sales up 4.2% in 2005 excl. Praktiker from € 53.5 bn to € 55.7 bn
International sales with dynamic growth of 10.5% to € 29.8 bn
International share of sales at 53.4%
METRO Group drives expansion of Metro Cash & Carry with 43 and Media Markt and Saturn with 56 openings
EPS growth in mid-single-digit territory pre exceptional items expected
Q4 sales up 3.9% with moderate Christmas business in Germany
Metro Cash & Carry with solid international business in Q4; Eastern Europe with further dynamic development
Media Markt and Saturn in Q4 with strong international growth; Germany lacked momentum against high comparable basis
Real Germany with weak development

METRO Group’s growth drivers with good business development

9M Group sales increased by 4.2% to € 41.3 bn; Q3 sales +4.9%
9M sales in Eastern Europe increased by 22.2%; International share of sales up to 51.4%
9M EBT improved with higher net investment income to € 515.7 m
Sales growth expectation adjusted to around 4% in 2005
EPS expectation 2005: Growth in mid-single-digit territory, excluding possible one-off from usability review of tax-loss carry forwards
Growth drivers with continuous dynamic growth: Metro Cash & Carry +7.3% and Media Markt and Saturn +10.6%
Election in Germany weighs on consumption propensity in Q3
Food Retail in Germany significantly behind expectations
Praktiker increased Q3 sales by 3.5% - earnings significantly increased

Group sales increased by 3.9% to € 27.2 bn in H1
H1 international sales increased by 9.5%; Eastern Europe +22.3%
EBT improved from € 243 m to € 267 m in H1
EPS 2 cent up to € 0.47
Sales growth of 5-6% and EPS growth of 8-12% in 2005 remain achievable
Metro Cash & Carry grew 7.0% in Q2; l-f-l +2.7%
In Germany the business development was impaired by the upcoming General Election
In Food Retail Germany the hypermarkets showed a weak performance
Praktiker improved Q2 earnings 22.6% to € 50 m