METRO AG Lowers FY 2012 EBIT Guidance; Comments on FY 2012 Sales, Cash Flow and Net Debt

METRO AG announced that it has lowered its fiscal year 2012 EBIT guidance and expects it to amount to approximately EUR 2 billion (former guidance: fiscal year 2012 EBIT to roughly match the previous fiscal year 2011 result of EUR 2,372 million). For the fiscal year 2012, the Company foresees unchanged sustainable sales growth, cash flow and reduced net debt. According to I/B/E/S Estimates, analyst on average are expecting the Company to report fiscal year 2012 EBIT of EUR 2,077.66 million.