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Metro International S.A. is a Luxembourg limited-liability company
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METRO EXPANDS IN HUNGARY
31 March 2005
After the expansion of the national edition into five more cities, Metro Hungary's two editions will be distributed in 24 Hungarian cities, including the capital Budapest. The Hungarian operation, which earlier this quarter became a wholly-owned subsidiary of Metro International, reported an operating profit margin in 2004 of more than 10% on sales up year on year by 9%.
Pelle Törnberg, President and CEO, commented: "This latest expansion of Metro Hungary allows us to consolidate our position as Hungary's leading newspaper. Our expanded national presence follows consultation with leading advertisers and will further improve our service".
For further information, please visit www.metro.lu, email info@metro.lu or contact: Pelle Törnberg, President & CEO tel: +44 (0) 20 7016 1300 Henrik Persson, Corporate Communications tel: +46 (0) 8 562 000 87