METRO AG raises outlook for FY 2021/22 due to rising inflation and better than expected business development

06 July 2022
The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBITDA (adjusted) for the financial year 2021/22.
METRO Flags

Business in Q3 2021/22 has developed better than expected. This is driven by a combination of rising inflation and a strong Horeca momentum as the ‘sCore’ strategy execution progresses well.

METRO now expects:

  • Sales to grow by approximately 17% to 22% vs. previous year (previously: 9% to 15%)
  • EBITDA adjusted to grow by approximately EUR 150-230 million vs. previous year (previously: grow slightly to moderately)

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