Comparison of previous year's forecast with actual business developments

Sales

For the short financial year 2013, we expected to generate moderate sales growth for METRO GROUP (adjusted for portfolio changes). With an increase of 0.9 per cent, we met this target.

For METRO Cash & Carry (adjusted for the cash & carry business in the United Kingdom), we projected limited sales growth. Indeed, sales fell slightly by 0.2 per cent.

Media-Saturn (adjusted for Media Markt in China) should have recorded a slight rise in sales. In fact, sales developed positively, increasing by a pleasing 1.1 per cent.

At Real (adjusted for Real Eastern Europe excluding Turkey), we had planned to generate a moderate increase in sales. Sales here declined by 1.5 per cent.

For Galeria Kaufhof, we expected sales to match the previous year’s level in spite of four store closings. With a decline of 0.5 per cent, this was almost achieved.

EBIT

For METRO GROUP, we expected to produce EBIT before special items at a level above the previous year’s figure (9M 2012: €706 million – retrospectively adjusted). With EBIT before special items of €728 million, we slightly exceeded this target.