METRO AG (OTCPK:MTTWF)
$ 5.32 0.02 (0.38%) Market Cap: 1.75 Bil Enterprise Value: 4.68 Bil PE Ratio: 8.24 PB Ratio: 0.91 GF Score: 68/100

Q2 2019 Metro AG Earnings Call Transcript

May 09, 2019 / 06:45AM GMT
Release Date Price: $16
Sabrina Ley
Metro AG - Director of IR

Hey, everyone, and welcome to our Q2 2018-'19 results call. As usual, please take note of our disclaimer. I will now hand you over to Olaf to present our Q2 results.

Olaf G. Koch
Metro AG - Chairman of the Management Board

Thank you, Sabrina, and good morning, everyone. Welcome to the results call for the second quarter '18-'19. As we outlined before, this is the year of intensification, and it's all about making sure that our focus on wholesale continues to progress.

And in that sense, on a nutshell view on what we have achieved in the quarter, it's fair to say that despite some calendar shift due to the Easter situation, we could show a good momentum on like-for-like for the continued business in the wholesale division. We also could see that our progress in the 2 strategic tier groups, being HoReCa and Trader, continue to progress. We also saw progress in transformation in various parts of our business, leading then to an earnings quality which is encouraging and at the bottom line on the EPS growing, and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot