CECONOMY AG

Earnings Release • Oct 5, 2012

News Details

Ad-hoc | 5 October 2012 15:35

METRO AG: METRO GROUP dampens 2012 EBIT expectations

METRO AG / Key word(s): Change in Forecast

05.10.2012 15:35

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The European consumer environment has worsened further in recent weeks
against the backdrop of rising unemployment, which has hit a new record
high in the Eurozone, and intensified consolidation measures to contain the
sovereign debt crisis. This has also started to materially affect METRO
GROUP's business development, especially in Southern Europe and parts of
Eastern Europe, despite our successful measures to increase sales and
efficiency.

Taking these worsened trading conditions into account, METRO GROUP now
expects EBIT before special items to amount to around EUR 2 billion (former
guidance: EBIT before special items to roughly match the previous year's
result of EUR 2,372 million). For 2012, the target of sustainable sales
growth remains unchanged, as do the goals for improving cash flow and
reducing net debt.

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Language: English
Company: METRO AG
Schlüterstr. 1
40235 Düsseldorf
Germany
Phone: +49 (0)211 6886-1936
Fax: +49 (0)211 6886-3759
E-mail: investorrelations@metro.de
Internet: www.metrogroup.de
ISIN: DE0007257503, DE0007257537, Weitere: www.metro.de/investor
relations
WKN: 725750, 725753, Weitere: www.metro.de/investor relations
Indices: MDAX
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX

End of Announcement DGAP News-Service

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