Metro International Fourth Quarter Results 2011

 Q4  LUXEMBOURG, 2 FEBRUARY 2012 – METRO INTERNATIONAL S.A. (“METRO” OR “THE GROUP”) (MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND TWELVE MONTHS ENDED 31 DECEMBER 2011. INFORMATION WAS SUBMITTED FOR PUBLICATION ON 2 FEBRUARY 2012 AT 8:00 CET.

“ANOTHER GOOD YEAR”

FINANCIAL SUMMARY

€’000 Q4 2011 Q4 2010 FY 2011 FY 2010
Net revenue 58,038 55,529 196,879 175,145
EBIT 14,642 7,516 19,375 11,712
Net profit/(loss) 11,398 5,670 4,709 2,880

Q4 HIGHLIGHTS

  • EBIT of €14.6 million (€7.5 million) includes a one-off gain of €7.0 million (€0.3 million) related to a revaluation of the investment in Metro English Canada. Adjusted for these one-off items, EBIT would have been €7.6 million (€7.2 million)
  • Net revenue increased by 5 percent to €58.0 million (€55.5 million)
  • Increase in stake in St Petersburg, Russia from 58.5 percent to 95 percent

FULL YEAR HIGHLIGHTS

  • EBIT of €19.4 million (€11.7 million) includes a net one-off gain of €4.2 million (€3.1 million). Adjusted for these items, EBIT would have been €15.2 million (€8.6 million)
  • Net revenue increased by 12 percent to €196.9 million (€175.1 million)
  • Strong sales growth in Chile, Mexico and Russia
  • Sale of operations in English Canada and France
  • Three new operations launched in Latin America

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 on www.metro.lu, on 2 February 2012 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 on Metro’s website www.metro.lu approximately one hour after the event.

DATE OF NEXT REPORT
Metro’s financial results for Q1 ended 31 March 2012 will be published on 18 April 2012.

For further information please visit www.metro.lu or contact:

Per Mikael Jensen President and CEO Tel: +46 8 120 570 00
Anders Kronborg CFO Tel: +44 79 1254 0800

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ABOUT METRO INTERNATIONAL AND METRO
Metro is the largest international newspaper in the world. Metro is published in over 100 major cities in 22 countries across Europe, North & South America and Asia. Metro has a unique global reach – attracting a young, active, well-educated Metropolitan audience of over 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.

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