The year in review

Selected events during financial year 2016/17

All sections open all paragraphs

Q1 2016/17

METRO Accelerator for Retail announced

16/11/2016 – The mentoring programme METRO powered by Techstars will be extended: METRO Accelerator for focuses on entrepreneurs offering digital solutions for small retailers (). The joint initiative by METRO and Techstars previously focused on start-ups that are specialised in innovations for the sector. In the future, the METRO Accelerator for Hospitality will alternate with the METRO for Retail. The programmes aim at driving the digitisation in these 2 industry sectors.

Real opens Markthalle Krefeld

24/11/2016 – Real opened Markthalle Krefeld, a store of an extraordinary size boasting its own food service section and an unparalleled range of fresh produce. It is structured just like a traditional covered market and contains many small shops: a butcher shop, artisanal bakery, coffee roasting house and specialist stores selling wine, cheese or fish. It is the first store based on the new .

Demo Day METRO Accelerator for Hospitality

7/12/2016 – The Demo Day of the second METRO Accelerator programme for hotels, restaurants and catering operators saw 10 presenting their digital business models to around 300 potential investors. The presented solutions included a digital personal assistant and a recruiting platform for event staff.

Capital Markets Day

15/12/2016 – The 2 companies formed by the demerger of the former METRO GROUP used the Capital Markets Day to present their respective strategies and medium-term outlook for the first time. This was also the occasion of unveiling the new company names to the public: METRO will be the name for the leading international and food retail company, while CECONOMY will be the name of the new consumer electronics company.

Accelerator
Initiative that supports start-ups, for example with coaching, thus accelerating the development and implementation of their business ideas. METRO has launched the METRO Accelerator powered by Techstars to support start-ups with innovative technologies for use in the food service, hospitality, catering and retail sectors.
Glossary
Retail
The Real sales line of METRO AG operates in the food retail sector and, with 282 stores, it is a leading hypermarket operator in Germany.
Glossary
Trader
The term “Trader” at METRO Cash & Carry refers to the customer group of independent resellers such as operators of small grocery stores and kiosks, street food vendors, gas stations and wholesalers.

Since financial year 2015/16, the Trader cluster comprises the METRO Cash & Carry countries Moldova, Poland, Romania and Ukraine. The HoReCa, Multispecialist and Trader clusters replace the previous reporting regions of Germany, Western Europe, Eastern Europe and Asia.
Glossary
HoReCa
Short for hotel, restaurant and catering businesses. The HoReCa sector is a key customer group for METRO Cash & Carry. Due to their strategic focus on HoReCa customers, France, Germany, Italy, Japan, Portugal, Spain, Turkey and Classic Fine Foods have been attributed to the HoReCa cluster since financial year 2015/16. The new HoReCa, Multispecialist and Trader clusters replace the previous reporting regions of Germany, Western Europe, Eastern Europe and Asia.
Glossary
Accelerator
Initiative that supports start-ups, for example with coaching, thus accelerating the development and implementation of their business ideas. METRO has launched the METRO Accelerator powered by Techstars to support start-ups with innovative technologies for use in the food service, hospitality, catering and retail sectors.
Glossary
Food Lover concept
See: hybrid-store concept.
Glossary
Start-up company
Newly founded company characterised by an outstanding business idea and a high degree of innovation.
Glossary
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
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
Retail
The Real sales line of METRO AG operates in the food retail sector and, with 282 stores, it is a leading hypermarket operator in Germany.
Glossary
Sales line
Part of a retail company that operates stores or markets with a specific sales concept.
Glossary
Rating
In the financial sector, ratings represent the systematic, qualitative assessment of creditworthiness. Ratings are expressed in various grades of creditworthiness. Well-known agencies that issue ratings are Standard & Poor's, Moody’s and Fitch.
Glossary
Previous year
Period of 12 months, usually cited as reference for statements in the annual report.
Glossary