.
● METRO aims for leading market positions in wholesale
● Belgian operations do not form part of METRO's sCore growth strategy despite significant efforts to improve performance
● METRO has therefore taken the decision to sell operating business (METRO and MAKRO Belgium) to investor Bronze Properties S.à r.l.
● Transaction was signed and closed today
● Real estate portfolio (11 stores) will remain with METRO AG
● Transaction will lead to approx. €150 million transaction loss and approx. €20 million recurring EBITDA uplift
● METRO confirms its sales and EBITDA adjusted outlook for FY 2021/22 and the mid-term targets
METRO aims to achieve the market position
● METRO aims for leading market positions in wholesale
● Belgian operations do not form part of METRO's sCore growth strategy despite significant efforts to improve performance
● METRO has therefore taken the decision to sell operating business (METRO and MAKRO Belgium) to investor Bronze Properties S.à r.l.
● Transaction was signed and closed today
● Real estate portfolio (11 stores) will remain with METRO AG
● Transaction will lead to approx. €150 million transaction loss and approx. €20 million recurring EBITDA uplift
● METRO confirms its sales and EBITDA adjusted outlook for FY 2021/22 and the mid-term targets
METRO aims to achieve the market position
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