In financial year 2023/24, stock markets demonstrated stable performance despite global challenges, including persistent cost inflation pressures and geopolitical uncertainties. The SDAX rose sharply until June to more than 15,200 points, but lost several percentage points by the end of the financial year.
The performance of the METRO share experienced fluctuations due to both internal and external factors. Following the Annual General Meeting in February 2024, the share price reflected the dividend payment of €0.55 per ordinary share for financial year 2022/23. Cost inflation and market-driven challenges, including a softer summer season in the HoReCa sector, contributed to further volatility in the months that followed.
METRO’s performance compared with its competitors varied regionally. Whereas European companies faced similar challenges, the stronger performance of companies in other regions, especially the USA, ensured that the peer group index performed better than the METRO share.
On 30 September 2024, METRO’s ordinary share closed at €4.87, representing a 25% decline from the previous year.
Development of the METRO ordinary share (indexed)
|
|
|
2022/23 |
2023/24 |
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|---|---|---|---|---|---|---|---|---|---|---|
Closing price |
Ordinary share |
€ |
6.53 |
4.87 |
||||||
Preference share |
€ |
6.70 |
5.20 |
|||||||
High |
Ordinary share |
€ |
9.71 |
6.51 |
||||||
Preference share |
€ |
8.95 |
8.00 |
|||||||
Low |
Ordinary share |
€ |
6.17 |
4.08 |
||||||
Preference share |
€ |
6.15 |
4.92 |
|||||||
Dividends1 |
Ordinary share |
€ |
0.55 |
0 |
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Preference share |
€ |
0.55 |
0 |
|||||||
Market capitalisation (billion) |
|
€ |
2.4 |
1.8 |
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|
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