Performance of the METRO share
At the beginning of financial year 2018/19, the stock market initially developed weakly, in particular due to the trade conflict between the USA and China as well as due to Brexit. As 2019 progressed, it recovered and the MDAX returned to the previous year’s level, reaching 25,887 points on 30 September 2019 (28/9/2018: 25,998 points). In contrast, the EURO STOXX Retail performed very positively and gained 9% compared to 28 September 2018.
As of 30 September 2019, the METRO share finished with a closing price of €14.48 in Xetra trading on the Frankfurt Stock Exchange. This represents an increase of 7%. On a total return basis – and thus comparable with the MDAX – the METRO share recorded an increase of 12% at the end of financial year 2018/19. The preference share traded at €12.90 on 30 September 2019. The METRO share’s listing in financial year 2018/19 was marked by a number of positive developments, which were attributable to various business events such as the sale of the hypermarket business and the search for a strategic partner for the Chinese business. Moreover, the share price was influenced by speculation about the voluntary takeover bid by EP Global Commerce. The temporary recovery of the Russian business also made a positive contribution to this trend. The share price was largely stable at the end of the financial year.
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2017/18 |
2018/19 |
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Closing price |
Ordinary share |
€ |
13.50 |
14.48 |
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Preference share |
€ |
12.61 |
12.90 |
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High |
Ordinary share |
€ |
18.00 |
16.07 |
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Preference share |
€ |
17.69 |
14.65 |
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Low |
Ordinary share |
€ |
10.08 |
11.69 |
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Preference share |
€ |
9.93 |
10.95 |
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Dividends |
Ordinary share |
€ |
0.70 |
0.701 |
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Preference share |
€ |
0.70 |
0.701 |
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Dividend yield |
Ordinary share |
% |
5.2 |
4.81 |
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Preference share |
% |
5.6 |
5.41 |
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Market capitalisation (billion) |
|
€ |
4.9 |
5.3 |