Metro released FY14/15 results. Revenue numbers were already known (19 October) and basically showed sales of €59.2bn (-1.2%, +0.5% in local currency and +1.5% lfl). By division, C&C was down 2.7% (+0.9% lfl), MMS up 3.6% (+3.1% lfl), and Real down 2.6% (-0.8% lfl). EBIT before special items reached €1,511m, EBIT €711m, profit before special items €688m and reported profit €714m. Net debt reached €2.5bn. As a reminder, the dividend will be increased by €

15 Dec 2015
A decent FY14/15 and a rather conservative short-term outlook

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A decent FY14/15 and a rather conservative short-term outlook
Metro released FY14/15 results. Revenue numbers were already known (19 October) and basically showed sales of €59.2bn (-1.2%, +0.5% in local currency and +1.5% lfl). By division, C&C was down 2.7% (+0.9% lfl), MMS up 3.6% (+3.1% lfl), and Real down 2.6% (-0.8% lfl). EBIT before special items reached €1,511m, EBIT €711m, profit before special items €688m and reported profit €714m. Net debt reached €2.5bn. As a reminder, the dividend will be increased by €