pdf (5.4 MB) - Metro Group

© METRO AG 2008
Metro Cash & Carry Key Data
Financials (€ million) 2002 2003 2004 2005 2006 2007
Sales 23,972 25,093 26,442 28,087 29,907 31,698
Change yoy in % 5.5% 4.7% 5.4% 6.2% 6.5% 6.0%
Change yoy in % - l-f-l (€) 0.6% -1.1% 0.9% 1.5% 2.2% 2.6%
Change yoy in % - pre-currency 6.4% 7.7% 5.6% 4.4% 6.2% 5.7%
EBITDA 1,078
1,200 1,280 1,377 1,510*** 1,631
Change yoy in % 10.9% 11.2% 6.7% 7.6% 9.6% 8.0%
EBITDA margin 4.5% 4.8% 4.8% 4.9% 5.0% 5.1%
EBIT* 805 904 963 1,013
1,111*** 1,243
Change yoy in % 12.4% 12.3% 6.5% 5.1% 9.7% 11.9%
EBIT margin 3.4% 3.6% 3.6% 3.6% 3.7% 3.9%
Nopat 694 696 752 820 899 1,005
Operating Capital Employed** 2,706 2,743 3,142 4,122 4,148 4,334
Operating RoCE 25.6% 25.4% 23.9% 19.9% 21.7% 23.2%
Capex 750 737 619 900 880 859
* until 2003: EBITA
** excl. historical goodwill
2003 reduction of WACC from 7.3% to 6.5%
Operating Statistics 2002 2003 2004 2005 2006 2007
Number of stores 437 475 504 544 584 615
Selling space (1,000 sqm) 3,423 3,725 3,952 4,218 4,507 4,875
Change yoy in % 7.5% 8.8% 6.1% 6.7% 6.9% 8.2%
Average store size (sqm) 7,832 7,841 7,841 7,754 7,717 7,927
Sales/Øsqm (€) 7,259 7,021 6,889 6,876 6,856 6,757
Sales (€ million)
35,000
30,000
25,000
20,000
15,000
10,000
5,000
Asia / Africa
5%
Sales and EBITDA margin
Ø +5.7% p.a.
2002 2003 2004 2005 2006 2007
Sales EBITDA margin
2007 regional sales breakdown
Germany
18%
Eastern Europe
37%
5.5%
5.0%
4.5%
4.0%
3.5%
3.0%
2.5%
2.0%
Western Europe
40%
28