Asset, financial and earnings position

Overall statement by the Management Board of METRO AG on the business development and situation of METRO GROUP

METRO GROUP continued to face challenges in financial year 2015/16 that were caused largely by geopolitical events. Nonetheless, the Management Board can look back at a successful year overall. METRO GROUP successfully continued its transformation. In this context, the planned demerger into two independent, high-performing retail groups represents the next logical step to achieving greater customer orientation and entrepreneurial action as well as greater shareholder value.

Overall, the Management Board is satisfied with the company’s performance, especially because all communicated financial goals for METRO GROUP were achieved. As a result, we will once again propose an attractive dividend to our shareholders.