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Metro AG (B4B.DE)

B4B.DE on Xetra

7.96EUR
3 Aug 2020
Change (% chg)

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€7.96
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1,049,514
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€15.30
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€6.10

Latest Key Developments (Source: Significant Developments)

Lidl Owner Schwarz-Gruppe Buys Real Hypermarkets’ Digital Business
Monday, 22 Jun 2020 

June 22 (Reuters) - SCP Group::IT HAS ENTERED INTO AN AGREEMENT WITH SCHWARZ-GRUPPE ON SALE OF REAL'S DIGITAL BUSINESS INCLUDING ONLINE MARKETPLACE REAL.DE.BOTH PARTIES HAVE AGREED NOT TO DISCLOSE ANY DETAILS OF TRANSACTION.SCP GROUP AND METRO AG HAVE JOINTLY SET 25 JUNE 2020 AS DATE FOR CLOSING OF REAL TRANSACTION.UPON CLOSING, SCP RETAIL INVESTMENTS, A SUBSIDIARY OF SCP GROUP, WILL TAKE OVER OPERATIONAL MANAGEMENT OF REAL.  Full Article

Metro CEO: Don't Want To Deny There Were Talks With Sysco - Manager Magazin
Thursday, 19 Mar 2020 

March 19 (Reuters) - :METRO CEO IN MANAGER MAGAZIN -I DON'T WANT TO DENY THAT THERE WERE TALKS WITH SYSCO, CURRENTLY THERE IS NO OFFER ON THE TABLE.  Full Article

Metro AG Reports Coronavirus Case At Duesseldorf Campus
Monday, 16 Mar 2020 

March 16 (Reuters) - Metro AG ::EMPLOYEE OF METRO’S PARENT COMPANY, METRO AG, AT THE DÜSSELDORF LOCATION HAS TESTED POSITIVE FOR CORONAVIRUS.MORE THAN 2,000 EMPLOYEES AT THE CENTRAL OFFICES ON CAMPUS WORK FROM HOME FOR 14 DAYS.METRO GERMANY STORES NOT AFFECTED, REMAIN OPEN.  Full Article

Metro AG: EU Commission Approves Sale Of Real
Friday, 6 Mar 2020 

March 6 (Reuters) - Metro AG ::EU COMMISSION HAS APPROVED THE SALE OF REAL.THE EU COMMISSION HAS APPROVED THE SALE OF REAL BY METRO AG TO THE SCP GROUP WITHOUT CONDITIONS..CONTINUE TO EXPECT A CLOSING IN MAY OR JUNE AND THUS CONFIRM THE PLANNED SCHEDULE.  Full Article

Metro AG Concluded Purchase Agreement Regarding Real With SCP Group
Wednesday, 19 Feb 2020 

Feb 18 (Reuters) - Metro AG ::DGAP-ADHOC: METRO AG CONCLUDED PURCHASE AGREEMENT REGARDING REAL WITH SCP GROUP.  Full Article

Metro AG Remains Optimistic About Real Hypermarkets Chain - CEO
Friday, 14 Feb 2020 

Feb 14 (Reuters) - Metro AG CEO::WE REMAIN OPTIMISTIC ABOUT REAL HYPERMARKETS CHAIN.CONTRACTS FOR REAL HAVE NOT YET BEEN COMPLETED BUT IS PENDING SCP GROUP'S FORMAL APPROVAL.  Full Article

German Wholesaler Metro AG Reports Q1 Net Loss Of €34 Mln
Thursday, 13 Feb 2020 

Feb 13 (Reuters) - Metro AG ::Q1 SALES OF 7.55 BILLION EUR.Q1 EBIT OF 327 MILLION EUR.Q1 EBITDA OF 527 MILLION EUR.Q1 LOSS FOR PERIOD OF 34 MILLION EUR.OUTLOOK FOR FINANCIAL YEAR 2019/20 CONFIRMED.EASTERN EUROPE, ASIA REMAIN SALES DRIVERS.CUSTOMER TARGET GROUPS HORECA UND TRADER ARE CONTINUING TO DEVELOP VERY POSITIVELY.  Full Article

Consortium Interested In Real Hypermarkets Says Close To Concluding Talks With Metro
Tuesday, 11 Feb 2020 

Feb 11 (Reuters) - Consortium interested in Real hypermarkets: :WE ARE CLOSE TO CONCLUDING INTENSIVE TALKS WITH METRO.  Full Article

Metro Reaches Commercial Agreement With Consortium Of SCP Group And X+Bricks On The Sale Of Real
Tuesday, 11 Feb 2020 

Feb 10 (Reuters) - Metro AG ::DGAP-ADHOC: METRO AG REACHES COMMERCIAL AGREEMENT WITH CONSORTIUM OF SCP GROUP AND X+BRICKS ON THE SALE OF REAL.AGREED CONCEPT FORESEES A SALE OF REAL AS A WHOLE WITHOUT A REMAINING STAKE OF METRO IN REAL FOR AN ENTERPRISE VALUE OF APPROX. EUR 1 BILLION.BINDING AGREEMENT (SIGNING) HAS NOT YET BEEN CONCLUDED.BASED ON COMMERCIAL AGREEMENT, METRO EXPECTS A NET CASH INFLOW OF APPROX. EUR 0.3 BILLION.CONTINUES TO EXPECT TO RECEIVE MORE THAN EUR 1.5 BILLION IN NET PROCEEDS.BINDING AGREEMENT (SIGNING) HAS NOT YET BEEN CONCLUDED.DEAL FORESEES METRO SERVICE COMPANIES CONTINUE TO PROVIDE SERVICES TO REAL FOR A TRANSITION PERIOD, HOWEVER, TO DECREASING EXTENT OVER TIME.RESULTING EXCESS CAPACITY IN METRO'S SERVICE COMPANIES TO BE ADDRESSED BY PROACTIVE EFFICIENCY MEASURES, WHICH WILL LEAD TO RECURRING SAVINGS."SELECTED OPEN ISSUES ARE STILL UNDER NEGOTIATION".EFFICIENCY MEASURES ARE ESTIMATED TO CAUSE APPROX. EUR 0.2BN CUMULATED ONE-OFF COSTS IN FINANCIAL YEARS 2019/20 TO 2021/22.  Full Article

Metro AG Reports Fiscal Q1 Sales Of €7.5 Bln, Confirms Outlook
Wednesday, 15 Jan 2020 

Jan 15 (Reuters) - Metro AG ::CONFIRMS SALES, EBITDA OUTLOOK FOR FISCAL YEAR 2019/2020.FISCAL Q1 SALES OF 7.5 BLN EUR, UP 2.2% Y/Y (EXCLUDING REAL HYPERMARKETS, METRO CHINA).FISCAL Q1 SALES WERE UP 1% LIKE-FOR-LIKE.SALES PROCESSES OF HYPERMARKETS, METRO CHINA PROGRESSING ACCORDING TO PLAN.  Full Article

BRIEF-Metro CEO Says We Cannot Imagine We Will Have Net Loss In Full Year

* METRO CEO SAYS WE CANNOT IMAGINE WE WILL HAVE NET LOSS IN FULL YEAR