Press Releases 2010
22 February 2010
METRO Group helps Haiti: first cargo flight with relief goods for the earthquake victims takes off
- Welthungerhilfe President Bärbel Dieckmann and CEO Dr. Eckhard Cordes see off the relief transport
- More than 125 tons of relief goods from the Metro sales divisions for Haiti – Donations in kind and financial aid worth one million euro
- Second cargo flight planned for early March
Today, METRO Group launched one of the largest relief campaigns in the company's history. At Düsseldorf airport, Bärbel Dieckmann, President of hunger relief agency Welthungerhilfe, and CEO Dr. Eckhard Cordes saw off the first METRO Group cargo flight to help the earthquake victims in Haiti. The cargo plane is filled with relief goods donated by Metro Cash & Carry, Real, Media Markt and Saturn, Galeria Kaufhof as well as the real estate company METRO Group Asset Management. For the first time in the history of METRO Group all sales divisions have cooperated in this form on a joint relief operation. The second cargo flight is planned for early March. The total value of the aid shipment weighing more than 125 tons: one million euro.
17 February 2010
METRO Group helps Haiti:
two special flights with relief goods for the earthquake victims
-Company supports population in the disaster area in cooperation with the hunger relief agency Welthungerhilfe
- More than 125 tons of relief goods from the Metro sales divisions for Haiti – Donations in kind and financial aid worth € 1 million
- First plane to be seen off by CEO Dr. Eckhard Cordes at Düsseldorf airport on February 22
METRO Group launches one of the largest relief campaigns in the company's history. The first special flight of METRO Group to help the earthquake victims in Haiti will take off at Düsseldorf airport on February 22. Another flight is to follow in early March. On board of the two planes: a total of more than 125 tons of relief goods provided by Metro Cash & Carry, Real, Media Markt and Saturn, Galeria Kaufhof as well as the real estate company METRO Group Asset Management. Never before have all sales divisions of METRO Group cooperated in this form on a joint relief operation. The total value of the aid: one million euro.
12 January 2010
Stable despite economic crisis: 2009 sales in local currency slightly above prior year
- Sales in local currency terms grow by 0.2% – sales in Euro decline due to negative currency effects to €65.5 billion
- Sales in Germany on prior year’s level – good Christmas trading
- EBIT before special items in line with market expectations
- Despite crisis year 80 new openings in 2009
- Capex budget 2010 increased to c.€1.9 billion – higher number of new store openings planned
- Shape 2012 will strengthen earnings power
4 January 2010
METRO Group accelerates growth in Asia – Media Markt seals market entry into China
- METRO Group and Foxconn Technology Group signed joint venture agreement for expansion in China
- Media-Saturn responsible for strategic leadership
- First Media Markt store expected to open in 2010
The start of Media Markt in China is sealed. At the end of last year, METRO AG and its sales division Media-Saturn signed a joint venture agreement with the Chinese partner Foxconn Technology Group to expand their reach into the Chinese market. This agreement has now also been confirmed by the supervisory boards of METRO AG and Media-Saturn, as well as Foxconn. With the entry of Media Markt into the Chinese market, METRO Group will further extend its strategic position in China. Under the joint venture agreement, METRO Group holds 75 percent of the shares and Foxconn Technology Group 25 percent. Media-Saturn will be responsible for the strategic leadership and the operations of the joint venture. As an experienced local partner, Foxconn, the world’s most trusted end-to-end green product service provider, will support Media-Saturn in its market entry.