Second Quarter Results 2011
(Thomson Reuters ONE) -
LUXEMBOURG, 18 JULY 2011 - METRO INTERNATIONAL S.A. ("METRO" OR "THE GROUP")
(MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE SECOND QUARTER
ENDED 30 JUNE 2011. INFORMATION WAS SUBMITTED FOR PUBLICATION ON 18 JULY 2011 AT
8:00 CET.
"DELIVERING ON TARGETS"
FINANCIAL SUMMARY
?'000 Q2 2011 Q2 2010 YTD 2011 YTD 2010
Net revenue 54,952 46,792 102,678 85,880
EBIT 6,748 2,566 8,521 (13)
Net profit/(loss) 2,830 485 1,586 (4,229)
The figures relate to continuing operations (excluding France and Hungary),
refer Note 10
Q2 HIGHLIGHTS
* Net revenue increased by 17 percent to ?55.0 million (?46.8 million)
* EBIT of ?6.7 million (?2.6 million)
* Sweden improved EBIT by ?1.1 million to ?4.4 million
* Offer received from TF1 for Metro France, which has been reclassified as
assets-held-for-sale and discontinued operations
* Metro Hungary sold for ?0.3 million resulting in a loss of ?2.5 million, and
has been reclassified as discontinued operations
* Franchise agreement signed for launch of Metro Peru
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 18
July 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, President and 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 Q3 ended 30 September will be published on 17
October 2011.
Second Quarter Results 2011:
http://hugin.info/132142/R/1531458/466127.pdf
Second Quarter Presentation 2011:
http://hugin.info/132142/R/1531458/466126.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#1531458]
Unternehmensinformation / Kurzprofil:
Datum: 18.07.2011 - 08:01 Uhr
Sprache: Deutsch
News-ID 56458
Anzahl Zeichen: 3570
contact information:
Town:
Luxembourg
Kategorie:
Business News
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"Second Quarter Results 2011"
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