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METRO with robust business development in 2019/20 despite COVID-19; return to sustainable sales and earnings growth expected after pandemic, METRO AG, Pressemitteilung

15.12.20 ) With the exception of Q3, which was impacted by COVID-19, METRO looks back on an overall robust FY 2019/20, in which the transformation to a pure wholesaler was completed. - Adjusted Group sales and earnings targets achieved for the 2019/20 financial year (FY) with figures in the upper end of guidance range: - Like-for-like sales: -3.9% (guidance: -3.5% to -5%) - Adj. EBITDA: €1,158 million; adj. for currency effects, it was thus €-205 million below previous year (guidance: ~ €-200 million to €-250 million) - Traders and SCO sales significantly above previous year, HoReCa sales recovered quickly and above market level - Sustainable turnaround in Russia with 3.8% like-for-like sales growth, Germany almost at previous year’s level

Historisch - Artikel boersen-zeitung de

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ROUNDUP: Metro erwartet zunächst weitere Einbußen durch die Corona-Pandemie

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boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.

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