Second Quarter Results Q2 2010
(Thomson Reuters ONE) -
LUXEMBOURG, 19 JULY 2010 - METRO INTERNATIONAL S.A. ("METRO" OR "THE GROUP")
(MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE SECOND QUARTER
ENDED 30 JUNE 2010. INFORMATION WAS SUBMITTED FOR PUBLICATION ON 19 JULY 2010 AT
8:00 A.M. CET.
"POSITIVE TREND CONTINUES"
FINANCIAL SUMMARY
?'000 Q2 2010 Q2 2009 H1 2010 H1 2009
+----------------------------------------------------+----------------
|?'000 Q2 2010 Q2 2009|H1 2010 H1 2009
+----------------------------------------------------+----------------
Net revenue (like-for-like)* 54,400 49,547 101,146 93,253
Net revenue** 57,261 60,719 106,031 116,279
EBIT (like-for-like)* 3,994 (1,152) 447 (7,527)
EBIT** 2,718 (6,559) (941) (21,276)
Net profit/(loss) 476 (3,657) (5,364) (18,935)
Basic diluted earnings per share (?) 0.00 0.00 (0.01) (0.02)
HIGHLIGHTS
* Net revenue like-for-like increased by 10 percent to ?54.4 million (2009:
?49.5 million)
* Net revenue decreased by 6 percent to ?57.3 million (2009: ?60.7 million)
* EBIT profit like-for-like of ?4.0 million (2009: loss of ?1.2 million)
* EBIT profit of ?2.7 million (2009: loss of ?6.6 million)
* Performance was particularly strong in Sweden and Hong Kong with sales
growth and improved EBIT
* Metro won the tender for the right to distribute the newspaper in the public
transportation system in Hong Kong
* Metro Greece was divested, but the newspaper will continue to be published
under a franchise agreement
* In July, Metro's offer to acquire additional interest in the joint venture
in Mexico was accepted
CONFERENCE CALL
Metro International will host a conference call today at 10.00 A.M. CET which
will be broadcast live on the internet and as a conference call. Participants
can take part in the call either through the audiocast or the conference call.
To follow the internet audiocast:
A live audiocast of the presentation will be available onwww.metro.lu, 19 July
2010 at 10.00 A.M. CET.
To participate in the conference call, please dial in on the following numbers:
Sweden Tel: +46 8 505 598 53
UK / International Tel: +44 20 304 324 36
US free phone number Tel: +1 866 458 40 87
Conference call participants can access the presentation slides on
http://www.metro.lu/node/79 .
A re-play will be available at Metro's website www.metro.lu approximately one
hour after the event.
For further information, please visit www.metro.lu or contact:
Per Mikael Jensen, Presidentand CEO Tel: +46 8 1205 7000
Anders Kronborg, CFO Tel: +46 8 1205 7000
Linda Fors, Head of Investor Relations Tel: +46 704 15 95 30
DATE OF NEXT REPORT
Metro's financial results Q3 ended 30 September 2010 will be published 18
October 2010.
***
ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest international newspaper in the world. Metro is published
in over 100 major cities in 19 countries across Europe, North & South America
and Asia. Metro has a unique global reach - attracting a young, active,
well-educated Metropolitan audience of 17 million daily readers.
Metro International S.A. shares are listed on Nasdaq OMX Stockholm through
Swedish Depository Receipts of series A and series B under the symbols MTROA and
MTROB.
[HUG#1432370]
Second Quarter Results Q2 2010: http://hugin.info/132142/R/1432370/378547.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Metro International via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 19.07.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 24078
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contact information:
Town:
Luxembourg
Kategorie:
Business News
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