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FINANCIAL RESULTS FOR THE FOURTH QUARTER AND TWELVE MONTHS ENDED 31 DECEMBER 2004
15 February 2005
TWELVE MONTHS ENDED 31 DECEMBER 2004
- 48.6% year on year increase in net sales to US$ 302.4 million (US$ 203.6 million)
- Operating profit for newspaper editions of US$ 13.1 million (loss of US$ 3.9 million)
- Operating profit for newspaper editions, excluding the new Lisbon and New York editions of US$ 25.9 million (loss of US$3.9 million)
- Metro Sweden reports the highest annual local currency operating profit since 1999
- 9 out of 16 country operations (6 out of 15) report annual operating profit for the period
- Net loss of US$ 11.4 million (US$ 6.9 million - includes profit on sale of shares in subsidiary of US$ 10.7 million)
- Weighted average basic loss per share of US$ 0.02 (US$ 0.03)
FOURTH QUARTER ENDED 31 DECEMBER 2004
- Net sales up 48.1% year on year to US$ 95.4 million (US$ 64.4 million)
- Operating profit for newspaper editions of US$ 11.1 million (US$ 6.9 million)
- Operating profit for newspaper editions, excluding the new Lisbon and New York editions of US$ 15.3 million (US$ 6.9 million)
- Metro France reports an operating profit for the period of US$ 0.8 million
- 12 out of 16 country operations (10 out of 15) report operating profit for the period (operating profits for the period also reported by the Boston and Philadelphia editions)
- Net profit of US$ 4.3 million (US$ 15.5 million - includes profit on sale of shares in subsidiary of US$ 10.7 million)
- Weighted average basic profit per share of US$ 0.01 (US$ 0.03)
Metro's financial results for the first quarter and three months ended 31 March will be released in 20 April 2005.
This interim report has not been subject to review by the Company's auditors.
15 February 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, President & CEO tel: +44 (0) 20 7016 1300
Henrik Persson, Investor & Press Relations tel: +46 (0) 707 62 00 87
The full report with tables can be downloaded from the following link:
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