26. Trade receivables

Trade receivables increased by €82 million from €493 million to €575 million. These are receivables with a remaining term of up to 1 year.

At €106 million, this increase was largely due to the acquisition of Pro à Pro in the METRO Wholesale segment. Substantial contrasting trends arose in the amount of €−37 million as a result of the declining business of METRO Sourcing International Limited, Hong Kong, with third parties.

Wholesale, METRO Wholesale

The METRO Wholesale segment comprises the METRO Cash & Carry sales line of METRO AG with more than 750 wholesale markets across 25 countries worldwide. The delivery business (food service distribution) is also part of this segment, with companies like METRO Delivery Service and the delivery specialists Classic Fine Foods, Pro à Pro and Rungis Express.

Glossary