METRO continues positive growth trend in Q2 2023/24

Despite the persistent tense economic and geopolitical situation, which coincided with a sharp downward trend in inflation, METRO was able to continue the positive sales trend in the second quarter of 2023/24. Adjusted for currency and portfolio effects, sales rose by 7.2%, and in local currency by 3.9%. All segments and channels contributed to the positive sales trend. Adjusted EBITDA reached €73 million (Q2 2022/23: €111 million). The decrease is primarily attributable to the discontinuation of license earnings from WM Holding (HK) Limited and other post-transaction effects (Others segment).