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Metro's Revenue Rises Despite Anticipated Loss

The wholesale giant faces challenging conditions as growth slows in key markets.

  • Metro's revenue increased by 1.6% to 31 billion euros at the end of the 2023/24 fiscal year.
  • The company's growth decelerated in the fourth quarter, with a self-generated growth rate of 3.8%.
  • Sales in the crucial German market remained stagnant compared to the previous year.
  • Metro anticipates a decrease in its EBITDA, expecting results at the lower end of a projected range.
  • Detailed financial results are scheduled for release on December 10.
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