Annual General Meeting: METRO increases sales and EBITDA and continues on its growth path

The company achieved a sales increase to €32.4 billion and adjusted EBITDA of €1.2 billion. Burdened by one-off transformation costs, the net profit for the period amounted to €-218 million. The earnings were presented at today's Annual General Meeting in Düsseldorf. Dr Steffen Greubel, Chairman of the Management Board of METRO AG: "Our earnings show that we have consistently steered METRO onto a resilient and clearly defined growth path. At the same time, we are investing in transformation and efficiency to strengthen the basis for sustainable value creation and further expand our multichannel model. We will continue to drive this combination of strategic focus and operational discipline in the coming years."

METRO AG continued its consistent transformation into a multichannel wholesaler in the 2024/25 financial year. The company recorded currency- and portfolio-adjusted sales growth of 6%, reaching the upper end of the communicated outlook range for sales, adjusted EBITDA slightly exceeded expectations. All segments and channels contributed to this growth. Adjusted EBITDA rose by €112 million to €1,192 million (portfolio-adjusted €111 million) after adjusting for currency effects. The positive development is primarily due to the growth momentum in the West and East segments and initial efficiency gains from the group-wide cost reduction programme. At the same time, transformation costs of €170 million were incurred as announced.

The net profit for the period attributable to METRO AG amounted to €-218 million (2023/24: €-120 million). On this basis, METRO achieved earnings per share (EPS) of €-0.60 in the 2024/25 financial year (2023/24: €-0.33).

A key driver of growth was the expansion of the delivery business. Sales in this channel rose by 14% to €9 billion, now accounting for almost 30% of total sales. The digital sales share also developed positively, growing by 16% to €358 million.

The group-wide Cost Leadership Programme had a significant impact in its first year. A total of €100 million in savings has already been achieved. Important levers were progress in IT standardisation, the centralisation of material expenses and structural measures in the organisation. The programme aims to achieve annual savings of €300 million from the 2027/28 financial year onwards.

After four consecutive years of inflation-adjusted growth, METRO considers itself well positioned to continue pursuing the ambitions of its sCore strategy. The focus is on further expanding the multichannel model, consistently continuing the efficiency programmes and strengthening the financial base. In line with the dividend policy, the Management Board and Supervisory Board recommend no dividend distribution for the past financial year.

Results of the Supervisory Board election

A total, over 95% of the total voting capital was represented at the virtual Annual General Meeting. The Supervisory Board and Management Board were discharged by the Annual General Meeting.

New elections and re-elections were also on the agenda for the Supervisory Board of METRO AG. Mr. Tomáš Miřacký was elected as a new member of the Supervisory Board of METRO AG. He succeeds Mr. Marco Arcelli, who is no longer available for another term of office, making a new election necessary. Tomáš Miřacký is Director of Financing at EP Group a.s. in Prague, Czech Republic. In addition, the existing Supervisory Board members Ms. Gwyn Burr, Ms. Jana Cejpková, and Mr. Georg Vomhof were confirmed for another term of office.

The complete election results will be published on the METRO AG Annual General Meeting page once the votes have been counted.

On 6 May 2026, METRO will announce the earnings for the first half of the 2025/26 financial year.