First Quarter Results 2011
(Thomson Reuters ONE) -
LUXEMBOURG, 15 APRIL 2011 - METRO INTERNATIONAL S.A. ("METRO" OR "THE GROUP")
(MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FIRST QUARTER
ENDED 31 MARCH 2011. INFORMATION WAS SUBMITTED FOR PUBLICATION ON 15 APRIL 2011
AT 8:00 CET.
"OFF TO A GOOD START"
FINANCIAL SUMMARY
?'000 Q1 2011 Q1 2010
Net revenue 56,462 48,770
EBIT (390) (3,660)
Net profit/(loss) (3,400) (5,840)
Q1 HIGHLIGHTS
* Net revenue increased by 16 percent to ?56.5 million (?48.8 million)
* EBIT improved by ?3.3 million to a loss of ?0.4 million (loss of ?3.7
million)
* Sweden and Denmark improved EBIT by ?1.0 million each
* French EBIT loss of ?2.1 million as a result of increased competition
* Swedish court ruled Metro to pay advertising tax of ?10.0 million in April
* Metro expanded by launching in Guatemala and two new editions in Canada
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 on www.metro.lu, on 15
April 2011 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 on 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: +44 78 41 67 32 30
Anders Kronborg, CFO Tel: +44 79 125 40 800
Linda Fors, Head of Investor Relations Tel: +46 704 15 95 30
DATE OF NEXT REPORT
Metro's financial results for Q2 ended 30 June will be published on 18 July
2011.
First Quarter Results 2011:
http://hugin.info/132142/R/1506730/441522.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
[HUG#1506730]
Unternehmensinformation / Kurzprofil:
Datum: 15.04.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 53575
Anzahl Zeichen: 3242
contact information:
Town:
Luxembourg
Kategorie:
Business News
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"First Quarter Results 2011"
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