Press Releases 2008
12 November 2008
Inacker will become head of the new department Corporate Communications & Public Affairs
Dr. Michael J. Inacker, 44, will become head of the new department Corporate Communications & Public Affairs at METRO AG on Feb. 1, 2009. In his new position, Michael Inacker, currently the deputy editor in chief and head of the Berlin bureau of the "WirtschaftsWoche" business magazine, will report directly to the CEO, Dr. Eckhard Cordes.
30 October 2008
METRO Group raises sales by 7.1% during the first nine months of the year
- Group sales from January to September grow to € 47.8 billion
- International sales up by 10.6% to € 29.3 billion
- 9M EBIT before special items rise by 11.0% to € 855 million
- Real Germany: private label strategy successfully launched –
like-for-like Q3 sales rise by 5.0%
- Outlook 2008 remains achievable
15 October 2008
METRO Group hires 3,145 vocational trainees
- Needs-based, high-quality training strengthens company’s performance potential and competitiveness
- The METRO Group actively assumes social responsibility in the area of occupational training
31 July 2008
METRO Group with sales growth of 7.1% in the first half-year
- Group sales grow to €31.7 billion
- Sales in Germany increase by 1.6% to €12.5 billion despite store disposals at Real
- International sales grow by 11.1% to €19.2 billion
- International share of sales exceeds 60% for the first time
- EBIT before special items increases by 10.2% to €482 Mio.
- Real Germany with successful start of marketing campaign – like-for-like sales grow by 5.0% in the second quarter
- Outlook confirmed for 2008
1 July 2008
METRO Group publishes Sustainability Report 2007
Rising energy and raw materials prices, climate protection or the foreseeable shortage in skilled labour all pose new challenges for METRO Group. How it uses the resulting value enhancement opportunities for company and society or minimises the risks is illustrated in its Sustainability Report 2007 published today.
4 June 2008
METRO Group publishes carbon footprint
As the first retailer in Germany METRO Group today presented its carbon footprint and commits itself to reducing its greenhouse gas emissions by 15 percent until 2015.
28 May 2008
METRO Group and real,- open the store of the future
METRO Group proudly unveiled its new real,- Future Store today in Toenisvorst, North Rhine-Westphalia, Germany. The first customers to shop at the hypermarket of tomorrow were Dr. Eckhard Cordes, Chairman of the Management Board of METRO Group, and the chairmen of the boards of Deutsche Telekom AG and SAP AG, René Obermann and Prof. Dr. Henning Kagermann.
19 May 2008
METRO Group prepares market entry into Egypt
First Metro Cash & Carry wholesale store could open in late 2009
- Strong potential for self-service wholesale
- Up to ten wholesale stores in the medium term
- Important step in the growth region Middle East & North Africa
2 May 2008
METRO AG with improved credit rating
Standard and Poor's raised today METRO AG’s long-term credit rating from "BBB" to "BBB+". The rating agency’s decision was based on the good business development and solid underlying financials.
29 April 2008
METRO Group: Successful start into 2008
- Group sales grow by 7.3% to €15.6 billion
- Sales in Germany increase by 0.9% to €6.3 billion despite high prior year level
- International sales continue to grow dynamically by 12.1% to €9.3 billion
- EBIT increases by 13.8% to €152 million
- Real launches marketing campaign
- Outlook confirmed: Sales growth of more than 6% and EBIT increase between 6 and 8%
18 March 2008
Successful financials 2007: Strong foundation for future value-creating growth strategy
- Metro Cash & Carry will press ahead with international expansion
- Real’s head Joël Saveuse to be appointed to Management Board of METRO Group; Systematic restructuring started: turnaround within a set two-year timeframe
- Media Markt and Saturn will maintain high expansion speed: increase in strategic flexibility
- Galeria Kaufhof: Trading-up strategy continued; department store business no longer strategic part of portfolio
- Sales increase by 10.4% to €64.3 billion in 2007
- EBIT grows by 8.8% to €2.1 billion
- Net debt significantly reduced by €947 million
- Dividend increase of 5.4% to €1.18 proposed
- METRO Group expects to increase sales by more than 6% and EBIT before special items by 6 – 8% in 2008 – medium-term EBIT growth of more than 8% expected
4 March 2008
METRO Group takes RFID roll-out to Europe
At the CeBIT 2008, METRO Group presented its plans for extending the use of Radio Frequency Identification (RFID). Another 200 German locations operated by the sales brand Real as well as Metro Cash & Carry France will introduce the technology.
23 January 2008
METRO Group: New competencies within Management Board
- Frans Muller takes over as CEO of Metro Cash & Carry and remains METRO Group Board member
- Thomas Unger additionally assumes responsibility for METRO Group’s property portfolio
- Zygmunt Mierdorf’s competencies extended by procurement and logistics
- Thomas Hübner leaves Metro Cash & Carry for health reason
10 January 2008
METRO Group with record sales growth
- Group sales grow by 10.0 percent to €65.9 billion
- International sales continue double-digit increase by 13.6 percent to €38.0 billion and reach a share of 57.7 percent
- Eastern Europe and Asia with around €3.5 billion sales growth
- Strong organic expansion with 139 new store openings
- Q4 2007: Sales growth of 8.3 percent with satisfactory Christmas trading
- Outlook of 6 percent to 8 percent EBIT growth confirmed
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