LUXEMBOURG, 18 OCTOBER 2010 - METRO INTERNATIONAL S.A. ("METRO" OR "THE GROUP")
(MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE THIRD QUARTER AND
NINE MONTHS ENDED 30 SEPTEMBER 2010. INFORMATION WAS SUBMITTED FOR PUBLICATION
ON 18 OCTOBER 2010 AT 8:00 CET.
"MARKETS RETURNING TO GROWTH"
FINANCIAL SUMMARY
€'000 Q3 2010 Q3 2009 YTD 2010 YTD 2009
Net revenue (like-for-like)* 45,009 40,406 143,552 132,055
Net revenue** 45,942 42,449 151,973 158,728
EBIT (like-for-like)* (1,557) (4,515) (1,913) (12,393)
EBIT** 3,212 (8,138) 2,271 (29,414)
Net profit/(loss) 1,003 (8,603) (4,357) (27,538)
Basic and diluted earnings per share (€) 0.00 (0.01) (0.01) (0.05)
* Excluding closed, divested and acquired operations, refer section "Financial
Review" on page 4
** Including closed, divested and acquired operations, refer section "Financial
Review" on page 4, Q3 includes a net gain relating to revaluation of shares in
Mexico of €6.1 million and impairment losses of €1.5 million
HIGHLIGHTS
* Net revenue like-for-like increased by 11 percent to €45.0 million (2009:
€40.4 million)
* Net revenue increased by 8 percent to €45.9 million (2009: €42.4 million)
* EBIT loss like-for-like of €1.6 million (2009: loss of €4.5 million)
* EBIT profit of €3.2 million (2009: loss of €8.1 million)
* 4(th) consecutive quarter with improved results
* Strong sales growth in Russia, Mexico, Brazil, Canada, Sweden and Chile
* Further investment in Metro Mexico
CONFERENCE CALL
Metro International will host a conference call today at 10.00 A.M. CET which
will be broadcast live on the internet and as a conference call. Participants
can take part in the call either through the audiocast or the conference call.
To follow the internet audiocast:
A live audiocast of the presentation will be available onwww.metro.lu, 18
October 2010 at 10.00 A.M. CET.
To participate in the conference call, please dial in on the following numbers:
Sweden Tel: +46 8 505 598 53
UK / International Tel: +44 20 304 324 36
US free phone number Tel: +1 866 458 40 87
Conference call participants can access the presentation slides on
http://www.metro.lu/node/79 .
A re-play will be available at Metro's website www.metro.lu approximately one
hour after the event.
For further information, please visit www.metro.lu or contact:
Per Mikael Jensen, President and CEO Tel: +46 8 1205 7000
Anders Kronborg, CFO Tel: +46 8 1205 7000
Linda Fors, Head of Investor Relations Tel: +46 704 15 95 30
DATE OF NEXT REPORT
Metro's financial results Q4 ended 31 December 2010 will be published 3 February
2011.
METRO INTERNATIONAL S.A ANNUAL GENERAL MEETING 2010
The 2011 Annual General Meeting will be held on 10:00 AM 26 May 2011 in
Luxembourg. Shareholders wishing to have matters considered at the Annual
General Meeting should submit their prop osals in writing toagm@metro.lu or the
Company Secretary, Metro International S.A. 2-4, avenue Marie-Therese, L-2132
Luxembourg, Grand Duchy of Luxembourg at least seven weeks before the Annual
General Meeting, in order that the proposal may be included in the notice to the
meeting. Further details on how and when to register will be published in
advance of the meeting.
NOMINATION COMMITTEE FOR THE 2010 ANNUAL GENERAL MEETING
A Nomination Committee of major shareholders in Metro International has been
formed in accordance with the resolution of the 2010 Annual General Meeting, The
Nomination Committee is comprised of Cristina Stenbeck on behalf of Investment
AB Kinnevik, Marianne Nilsson on behalf of Swedbank Robur and Annika Andersson
on behalf of the 4th National AP Fund.
Information about the work of the Nomination Committee can be found on Metro
International's corporate website at www.metro.lu. Shareholders wishing to
propose candidates for election to the Board of Directors of Metro International
S.A. should submit their proposal in writing to agm@metro.lu or to the Company
Secretary, Metro International S.A, 2-4, avenue Marie-Therese, L-2132
Luxembourg, Grand Duchy of Luxembourg.
***
ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest international newspaper in the world. Metro is published
in over 100 major cities in 19 countries across Europe, North & South America
and Asia. Metro has a unique global reach - attracting a young, active, well-
educated Metropolitan audience of 17 million daily readers.
Metro International S.A. shares are listed on Nasdaq OMX Stockholm through
Swedish Depository Receipts of series A and series B under the symbols MTROA and
MTROB.
[HUG#1452496]
Third Quarter Results Q3 2010
| Source: Metro International S.A.