Metro’s H1 15/16 numbers show revenues down 1.1% to €30.7bn (+0.4% in local currency and +0.3% lfl). EBIT reached €1,206m (vs €312m), EBIT before special items was €838m (-3.4%) including a negative €47m forex impact and net income reached €484m. Q2 sales increased by 0.6% on a lfl basis and +0.9% reported, with Germany up +1.7%. The net debt at the end of Q2 was €2.7bn vs €4.8bn last year and €0.1bn at the end of December (keeping in mind th
11 May 2016
H1 15/16 : in line with FY forecasts
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H1 15/16 : in line with FY forecasts
Metro’s H1 15/16 numbers show revenues down 1.1% to €30.7bn (+0.4% in local currency and +0.3% lfl). EBIT reached €1,206m (vs €312m), EBIT before special items was €838m (-3.4%) including a negative €47m forex impact and net income reached €484m. Q2 sales increased by 0.6% on a lfl basis and +0.9% reported, with Germany up +1.7%. The net debt at the end of Q2 was €2.7bn vs €4.8bn last year and €0.1bn at the end of December (keeping in mind th