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METRO Group braves challenging environment

H1

• METRO Group sales total €30.5 billion – pre-currency growth of 0.5%
• Business development impaired by negative currency and declining price effects
• Robust development in Germany – sales increase by 0.1% to €12.4 billion
• International sales in local currency grow by 0.8% (Western Europe: -1.2%; Eastern Europe: +3.6%)
• Implementation of efficiency- and value-enhancing programme Shape 2012 well on track – decentralised organisation structure set up
• METRO Group’s EBIT before special items amounts to €392 million (H1 2008: €493 million) and includes negative currency effects

 

Q2

• METRO Group sales reach €15.3 billion – in local currency on prior year’s level

 

Metro Cash & Carry

• Sales -1.7% (adjusted for currency effects)
• Food: Satisfactory development despite declining positive price effects
• Non-food: Burdened by economic downturn

 

Real

• Sales +3.2% (adjusted for currency effects)
• Like-for-like sales in Germany +1.4%
• Sales in Eastern Europe in local currency increase by 14.2%

 

Media Markt and Saturn

• Sales +1.3% (adjusted for currency effects)
• High prior year basis due to EURO Football Championship
• Further dynamic market share gains in all regions

 

Galeria Kaufhof

• Sales +0.3%
• Business development benefits from high-margin Easter business

 

Real Estate

• Further expansion-related increase in earnings before special items

 

METRO Group’s EBIT before special items amounts to €307 million (Q2 2008: €327 million):
Better development than in Q1 2009

 

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