Company Profile For Metro AG

Metro AG (MEOG.DE) (Xetra)
sector: Non-Cyclical Consumer Goods & Services · industry: Food Distribution & Convenience Stores ·
As of  4:35pm GMT
41.85EUR
Price Change
-0.81
Percent Change
-1.90%
 
 
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Overview

METRO AG is a Germany-based trading and retail company. It acts as a holding company for the METRO Group, which is organized into four independent sales divisions: Metro Cash & Carry, which is engaged in cash and carry wholesaling worldwide; Real, which operates hypermarkets in Germany, Poland, Romania and Turkey; Media Markt and Saturn, which sells consumer electronics across Europe, and Galeria Kaufhof, a chain of department stores in Germany and Belgium. The Company is active in about 2,200 locations in 32 countries in Europe, Africa and Asia. Its sales divisions are supported by cross-divisional service companies, offering procurement, logistics, information technology, real estate management and business solutions. On July 1, 2008, the Company sold its 245 Extra supermarkets to the Rewe Group.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, METRO AG's total revenue decreased 4% to EUR46.1B. Net income from continuing operations for the period decreased 81% to EUR18M. Total revenue reflects decreased demand for the Company's products and services in the Metro Cash & Carry, Real and Galeria Kaufhof business divisions. Net income from continuing operations for the period suffered from increased administrative expenses.

Company Address

Metro AG
Schlueterstrasse 1
Duesseldorf     40235
P: +49211.68860
F: +49211.68863759

Total Employees

248858

Find Out More About MEOG.DE

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