FACT SHEET
Wholesale strategy
Our ambition: METRO is a leader in the food wholesale and distribution sector. We intend to further build on our success alongside our professional HoReCa and Trader customers.
- sCore growth strategy: Implementation of the long- term strategy with high growth ambitions through 2030 defined for the group as well as for the METRO countries and delivery specialists.
- Strategic value drivers: Increasing customer value through clear wholesale alignment, multichannel and digitalisation for professional customers with a focus on HoReCa and Traders.
- Strategy implementation: Wholesale transformation as a significant key enabler for the successful implementation of sCore. Advance of multichannel business model and digitalisation.
On track
Marketplace
Customer | Online |
App | Ordering |
Digital | |
Wholesale | Solutions |
FSD | |
Stores | |
Out- | |
of- | |
Store |
More strategy at:
Guidance FY 2023/24 (Sept)
FY 22/23 | FY 23/24 | |
Sales base1 | €30.1bn | 3-7% |
Adj. EBITDA | €1,163 | €-100 to +50m |
base1,2 | ||
Management Board
Dr | Eric | Christiane | Rafael | Claude |
Steffen | Riegger | Giesen | Gasset | Sarrailh |
Greubel | CFO | CHRO | COO | CCMO |
CEO
Supervisory Board
Jürgen Steinemann | Xaver Schiller | |
Chairman | Vice Chairman |
More at:https://www.metroag.de/en/about-us/supervisory-board
Shareholder Structure
as of 7/2/2024
49.99 % | |
25.02 % | EP Global |
Commerce |
Meridian Stiftung /
Beisheim
24.99 % Free-floating shares
Basic Data of Share
Ordinary Shares | Preference Shares | |
Ticker Symbol | B4B | B4B3 |
360,121,736 | 2,975,517 | |
Number of shares | ||
Exchange | Frankfurt | Frankfurt |
Medium-term ambition
FY 21/22 | FY 22/23 | GROWTH | AMBITION | |
TARGET | 2030 | |||
Sales | 5-10% | |||
growth | 21 | 9 | >€40 bn | |
CAGR | ||||
(%)1 | ||||
Adj. | ||||
EBITDA | 17 | -13 | 5-7% | >€2 bn |
Recognitions
AAA | 19.4 |
pts | |
.)
B
Priorities
CLIMATE &
CARBON
ETHICS &
TRUST
EQUALITY, INCLUSION & WELL BEING
Growth | CAGR | ||
(%)1,2 | |||
Cash Inv.3 | <1.5% | ||
(% of | 1.4 | 1.8 | |
sales) | |||
FCF (€m) | 190 | -147 | >€0.6 bn |
More at:https://responsibility.metroag.de/
- At constant currency, constant portfolio
-
Adj. EBITDA (guidance view) - EBITDA pre transformation costs, real estate gains.
3 Investments without monetary assets and acquisitions of subsidiaries
Net | 2.3 | 2.0x | <2.5x |
leverage | |||
FACT SHEET
KEY FIN. (€M) | H1 2022/23 | H1 2023/24 | CHANGE | CHANGE IN | ||
% | ||||||
Sales (net) | 15,004 | 8 | 0.1% | |||
15,013 | ||||||
Adj. EBITDA | 577 | 478 | -99 | -17.2% | ||
EBIT | 369 | 93 | -276 | -74.8% | ||
EPS (€) | 1.14 | -0.17 | -1.32 | - | ||
Dividend1 | - | - | - | - |
1 Subject to the resolution of the Annual General Meeting.
MULTICHANNEL | H1 2022/23 | H1 2023/24 | CHANGE | AMBITION |
DEV. (€M) | 2030 | |||
Store-based and | 11,692 | 11,286 | -406 | ~1,2 x vs. |
other business | 2020/21 | |||
FSD | 3,266 | 3,657 | 391 | > 3 x vs. |
2020/21 | ||||
METRO | 45 | 70 | 24 | - |
MARKETS sales | ||||
MM. Marketplace | 73 | 106 | 33 | >€3 billion |
sales1 | ||||
NETWORK
Store & delivery (n° of countries)
Marketplace
(n° of countries)
DISH POS1
(n° of countries)
Stores
(n° of locations)
thereof
delivery OOS2
FSD
(n° of locations)
30/9/2023 | 31/3/2024 | CHANGE | |
32 | 1 | ||
33 | |||
6 | 6 | - | |
4 | 6 | 2 | |
625 | 624 | -1 | |
529 | 525 | -4 | |
76 | 86 | 10 | |
- Total volumes of METRO MARKETS platform (and third-party platforms) excluding VAT and after cancellations but before any deductions; includes disposal sales in full
-
DISH POS is a cloud-basedall-in-one POS system with solutions for the hospitality industry. The product was developed by POS provider Eijsink. The
product has undergone further development and been integrated into the offering of digital DISH tools since it was acquired by DISH Digital Solutions
(formerly Hospitality Digital) in March 2022. The system is called Booq in the Netherlands and Belgium.
2 OOS refers to the existing METRO location portfolio and includes METRO stores that deliver from the store on the one hand and stores that operate
their own depot in the store on the other..
CHANGE IN | AMBITION | |||
SCORE KPIS (%) | 6M 2022/23 | 6M 2023/24 | PERCENTAGE | |
2030 | ||||
POINTS | ||||
Strategic | ||||
customers | 71% | 73% | 2 | > 80 % |
sales share | ||||
Own-brand sales | 21% | 23% | 2 | > 35 % |
share | ||||
Stock availability1 | - | - | - | > 98 % |
FSD sales share | 22% | 24% | 2 | > 33 % |
Digital sales share | 9% | 13% | 4 | 40 % |
1 Only available for Fiscal Year End period.
ADJ.
CONTACTS
METRO AG
Metro-Straße 1
40235 Düsseldorf
E-Mail: investorrelations@metro.de | Dr Christoph Kämper | Verena Werth Anastasiia Kaliuzhna | Rue Chau | ||||
Fax: +49 211 6886 73 3759 | EVP M&A l Legal & Compliance l IR, | Senior IR Manager | Senior IR Manager | IR Manager | |||
Member of the Commercial Board | |||||||
E-Mail: presse@metro.de | |||||||
Tel.: +49 211 6886 4252 | Gerd Koslowski | Martin Neipp | Yasemin Emre | Malte Hendriksen | Hester Taake | ||
Fax: +49 211 6886 2001 | |||||||
SVP Corporate | VP External | Head of External | Head of External | Expert Corporate | |||
Communications | Communications | Communications | Communications | Communications |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Metro AG published this content on 07 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2024 13:33:03 UTC.