Overall statement by the Management Board of METRO AG on the development and situation of METRO GROUP
For METRO GROUP, financial year 2013/14 was a particularly challenging one. This was due largely to geopolitical events. Nonetheless, the Management Board can look back at a successful year overall. The transformation of METRO GROUP was successfully continued and our efforts to focus our portfolio progressed well. In addition, we could further reduce our debt level.
Overall, the Management Board is very pleased with the company’s performance, especially because all communicated goals for METRO GROUP were achieved. As a result, we will propose a dividend to our shareholders once again.
We believe we are well prepared for the Christmas business and have started financial year 2014/15 on an optimistic note.