METRO Shares

In the short financial year 2013, the METRO share recorded substantial gains, soaring 39.5 per cent to €29.30. As a result, the METRO share outperformed both the DAX and Dow Jones Euro STOXX Retail indices, which climbed by 12.9 per cent and 19.1 per cent, respectively.

The very positive performance exhibited by the METRO share began to take shape as early as the beginning of 2013. The announcement of the dividend proposal on 1 March did, however, lead to a slight decline in the share price due to the fact that the proposed dividend was lower than the previous year’s dividend payment. Nonetheless, in March the share recovered most of this initial decline.

The release of the results for the first quarter of 2013 on 2 May had a positive impact on the share price. The improved result was particularly well received. A wave of share purchases in the run-up to the Annual General Meeting held on 8 May 2013 led to additional share price gains. On 8 May, shareholders approved a dividend of €1.00 per ordinary share and €1.06 per preference share.

On 22 May, the METRO share climbed by 10.3 per cent following a buy recommendation. Interest in the share remained high in the days that followed. As consolidation on the stock markets ensued and a sell recommendation was issued, the price of the METRO share dipped slightly in June. It closed the second quarter at €24.32.

In July, the price of the METRO share picked up shortly before the half-year financial report was released. After the half-year financial report was released on 1 August, the share price took off and outperformed the overall market. The share price hit its yearly high of €30.00 on 20 September, matching the mark set in March 2012 for the first time since.

The price of the METRO share closed the short financial year 2013 at €29.30, rising 39.5 per cent higher than the previous year's closing price in December 2012.

 

Development of the Metro share price (%)

Development of the Metro share price (%) (line chart)

Performance comparison of METRO ordinary share 9M 2013 vs Dow Jones
Euro STOXX Retail vs DAX

 
METRO GROUP

Dow Jones Euro STOXX Retail

 
DAX

Source: Bloomberg

 

METRO shares 2011–9M 2013

  Download XLS (24 kB)

 

 

 

2011

2012

9M 2013

1

Subject to the resolution of the Annual General Meeting

Data based on Xetra closing prices

Source: Bloomberg

Closing price

Ordinary share

28.20

21.00

29.30

Preference share

24.16

23.05

23.82

High

Ordinary share

55.91

31.18

30.00

Preference share

39.24

27.50

24.84

Low

Ordinary share

27.39

20.05

20.88

Preference share

22.43

20.80

21.70

Cash dividend

Ordinary share

1.35

1.00

0.001

Preference share

1.485

1.06

0.001

Dividend yield based on closing price

Ordinary share

%

4.8

4.8

0.01

Preference share

%

6.1

4.6

0.01

Market capitalisation (billion)

 

9.2

6.9

9.6

Information about the METRO shares

  Download XLS (22 kB)

 

Ordinary share

Preference share

Code number

725 750

725 753

ISIN code

DE 000 725 750 3

DE 000 725 753 7

Reuters code

MEOG.DE

MEOG_p.DE

Bloomberg code

MEO GR

MEO3 GR

Number of shares

324,109,563

2,677,966