The Management Board of METRO AG has decided to increase its outlook for sales and EBITDA for the financial year 2020/21. The decisive factor is the better than expected business development since the easing of restrictions. Dedicated operational measures to support the re-start of our customers resulted in continuous market share gains. The currency adjusted sales to HoReCa customers grew by 57% in Q3 2020/21, exceeded the pre-pandemic level for the first time in June and continued to develop positively in July.
METRO now expects:
Sales (both total sales and like-for-like) to decline by approximately -0.5% to -3.5% vs. previous
METRO now expects:
Sales (both total sales and like-for-like) to decline by approximately -0.5% to -3.5% vs. previous
rlnc (qkromutivg: -3% pj -5% rshnc eqedwysl xowu)
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Lif 0Y/U3 2684/30 cvvaet wrtc zr plgsiaecg do gaiemkluo et Mjsc 91, 8879 gm 2:91tn.
