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METRO AG Metro-Straße 1 40235 Düsseldorf, Germany http://www.metrogroup.de
Contact METRO AG +49 211 68864252
Company logo of METRO AG
METRO AG

METRO continues to grow in Q3 2022/23 despite challenging economic conditions

Growth course and consistent implementation of the sCore strategy also continued in Q3 2022/23

(PresseBox) (Düsseldorf, )

Sales development continues to be positive due to consistent implementation of the sCore strategy


- Currency- and portfolio-adjusted sales increase by 5.9%
- Sales in local currency increase by 2.5%, reported sales decrease by 3.4% to €7.6 billion (PY: €7.9 billion) due to negative currency and portfolio1 effects
- Adjusted EBITDA reaches €332 million (Q3 2021/22: €441 million)


Further growth of online marketplace and delivery business: METRO MARKETS sales increase to €36 million (+97.4%), delivery sales to €1.8 billion (+2.0%); sales in store-based business decline to €5.8 billion (–5.3%) due to currency and portfolio effects
Sales growth in local currency in all segments artxxw Cldpbd
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