Financial Calendar 2011 quarter-results-invest-201104.gif

Read the Metro online

 Access all Metro editions on Read Metro.

www.readmetro.com

Japanese Businessmen

Latest News



METRO INTERNATIONAL S.A.: FINANCIAL RESULTS FOR THE SECOND QUARTER AND SIX MONTHS ENDED 30 JUNE 2005

21 July 2005

Luxembourg, 21 July 2005 - Metro International S.A. ("Metro") (MTROA, MTROB), today announced its financial results for the second quarter and six months ended 30 June 2005.

SIX MONTHS ENDED 30 JUNE 2005

  • 27% year on year increase in net sales to US$ 184.4 million (US$ 145.4 million)
  • Operating profit of US$ 2.2 million (loss of US$ 2.0 million)
  • US$ 15.9 million profit on the sale in the first quarter of a 49% interest in Metro Boston to The New York Times Company
  • Net loss of US$ 0.7 million (US$ 4.1 million)
  • Weighted average basic loss per share of US$ 0.00 (US$ 0.01)
  • SECOND QUARTER 2005 HIGHLIGHTS

  • 26% year on year increase in net sales to US$ 100.3 million (US$ 79.6 million)
  • Operating loss of US$ 5.3 million (profit of US$ 1.9 million)
  • Operating profit for newspaper editions of US$ 2.7 million (US$ 6.7 million)
  • 35% year on year increase in average daily circulation to 7.0 million copies, reaching 16.8 million daily readers (14.5 million)
  • New York sales up more than 50% from the first quarter
  • France reports operating profit of US$ 0.7 million (loss of US$ 0.4 million)
  • Net loss of US$ 6.5 million (profit of US$ 1.3 million)
  • Cash and bank balances of US$ 44.2 million and net debt of US$ 0.2 million
  • Weighted average basic loss per share of US$ 0.01 (profit of US$ 0.00)
  • Metro's financial results for the third quarter and nine months ended 30 September 2005 will be  announced on 21 October 2005.

    This interim report has not been subject to review by the Company's auditors.

    21 July 2005

    Metro International S.A.

    11 Boulevard royal

    L-2449, Luxembourg

    For further information, please visit www.metro.lu, email info@metro.lu or contact: 

    Pelle Törnberg, CEO   tel: +44 (0) 20 7016 1300

    Robert Patterson, CFO   tel: +44 (0) 20 7016 1314

    Henrik Persson, Investor & Press Relations   tel: +46 (0) 8 562 000 87

    The full report with tables can be downloaded from the following link:

    Read more