Second Quarter Results 2011

LUXEMBOURG, 18 JULY 2011 – METRO INTERNATIONAL S.A. (“METRO” OR “THE GROUP”) (MTROA, MTROB), TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED 30 JUNE 2011. INFORMATION WAS SUBMITTED FOR PUBLICATION ON 18 JULY 2011 AT 8:00 CET.

“DELIVERING ON TARGETS”

FINANCIAL SUMMARY

€’000
Q2 2011
Q2 2010
YTD 2011
YTD 2010
Net revenue
54,952
46,792
102,678
85,880
EBIT
6,748
2,566
8,521
(13)
Net profit/(loss)
2,830
485
1,586
(4,229)

The figures relate to continuing operations (excluding France and Hungary), refer Note 10

Q2 HIGHLIGHTS

  • Net revenue increased by 17 percent to €55.0 million (€46.8 million)
  • EBIT of €6.7 million (€2.6 million)
  • Sweden improved EBIT by €1.1 million to €4.4 million
  • Offer received from TF1 for Metro France, which has been reclassified as assets-held-for-sale and discontinued operations
  • Metro Hungary sold for €0.3 million resulting in a loss of €2.5 million, and has been reclassified as discontinued operations
  • Franchise agreement signed for launch of Metro Peru

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 18 July 2011 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.

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

Per Mikael Jensen, President and CEO           Tel: +44 78 41 67 32 30

Anders Kronborg, CFO                                   Tel: +44 79 125 40 800

Linda Fors, Head of Investor Relations             Tel: +46 704 15 95 30

DATE OF NEXT REPORT

Metro’s financial results for Q3 ended 30 September will be published on 17 October 2011.

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