About 1.7 billion euros is foreseen its turnover Metro For 2025 for € 1.62 billion in 2024, as announced yesterday (21.5.2025) by the President and CEO of the Group, Aristotle Panteliadis, at the annual press conference.
At the same time, sales volume is expected to increase in Metro’s My Market stores, as inflation recession favors consumer demand.
As Mr Panteliadis typically said, “inflation is not worried, without excluding exacerbations in product categories. We had a little outbreak last month and it is not excluded that we have again. But the difficult ones have gone through. “
“We have products whose prices are drastically diluted, such as olive oil that continues to fall. On the other hand, we have products such as cocoa, coffee and veal, which due to their raw materials are either too high and are slow to fall or continue to rise. The price of cocoa has stopped rising, but it is high, and the price of veal continues to rise, “the Metro chief added.
It is recalled that the Group’s consolidated net sales for 2024 amounted to 1.62 billion euros, presenting increase by 1.9%. Earnings before tax, depreciation and interest (EBITDA) stood at € 75 million versus EUR 77.2 million in 2023, down 2.8%, while pre -tax profits reached EUR 23 million versus EUR 31.4 million in 2023, down 26.7%.
According to Mr Panteliadis, the profitability of 2024 was influenced by wage increases (over € 19 million), energy (by € 2.4 million), interest, rents, fuels, and also due to continued government interventions. “I’m not happy we had reductions, but again well,” he commented.
Despite the pressures, the group maintains high goals for the following year, with Investments to be estimated to reach 95m euros in 2025 – almost twice as high as the € 47 million of 2024. The investment plan includes the creation of new stores, the market for plots, the promotion of digital transformation, the enhancement of the franchise network and the upgrading of the distribution centers.
In this context, special emphasis is placed on the development of the chain My marketfor which Mr Panteliadis said he maintains a steady upward trend, continuing the investments that boost its organic growth. For 2025, the opening of three new stores and renovation of nine existing. Today, the chain has 270 points of sale, 43 of which operate with the My Market Local signal.
Additional, In 2025 a total of 33 new stores will be added to the chain network KAt the end of this year, My Market Local will total 70 stores, 14 of which will open in Thessaloniki. This year’s investment plan also includes the expansion of the chain to the islands, starting with Mykonos.
“The islands are of great interest and at the same time are a big challenge,” the Metro chief said, adding: “We are still learning in the franchise and so go step by step. We are open to all the islands, but we look at the Cyclades more. “
Referring to Collaboration of the Group with Il TotoMr. Pandeliadis said he was pleased with it and emphasized that they would further use the cooperation, where possible. “We will integrate the concept, where we have space in new franchise. After all, the presence of coffee fits perfectly with the philosophy and operation of our stores, “he said.