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

After solid Q2, comprehensive set of Covid-19 related measures initiated, withdrawal of outlook due to noticable impact or regulatory measures

(PresseBox) (Düsseldorf, )

Development of METRO AG's sales and earnings in H1 19/20 according to preliminary figures are in the guidance range; guidance for FY 2019/20 is withdrawn due to lack of visibility on the duration of government measures
SCO business benefits strongly so far (>50%), while the HoReCa business suffers in particular (ca. -75%)
Safety and health of employees and customers continue to have top priority
Goods supply is assured, almost all stores are open (>95%)
Development of new business areas, temporary access for end consumers in selective countries
Liquidity sustainably secured due to high liquidity reserves, no short-term bond maturities and expected cash inflow of >€1.5 szgpzam wdzz eem vgrfih qtsfjobxla ki xej ugtpy bf RZRQL Rhibo xir Dgpn
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.