04.05.2000
Releases 2000
Dividend payout rises to Euro 335.7 m (DM 656.5 m)
Supervisory and Executive boards propose for fiscal year 1999 unchanged dividend for ordinary shares and increased for preferred shares. Total dividend payout rises to Euro 335.7 m (DM 656.5m)
The Supervisory and Executive boards of METRO AG, Cologne, will propose to the Annual Stockholders¿ Meeting the distribution of an unchanged dividend of Euro 1.02 (DM 2.00) for ordinary shares and Euro 1.122 (DM 2.19) for preferred shares (1998: Euro 1.08/DM 2.11).
METRO AG achieved a result from ordinary operations of Euro 690.2 m (DM 1,350 bn)an increase of +19.2% - on sales of Euro 43.804 bn (DM 85.7 bn) in fiscal year 1999. Further information regarding the audited accounts for fiscal year 1999 will be presented by the Executive Board at its balance sheet press conference on 23 May 2000. The Annual General Meeting will be held on 4 July 2000 in Duesseldorf, Congress-Center, CCD Stadthalle.
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