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Metro inc. (T:MRU)

Business Focus: Food Retail & Distribution (NEC)

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
 
Company Contact
Address: 11011 Maurice-Duplessis
MONTREAL QC H1C 1V6
Tel: N/A
Website: https://www.metro.ca/en
IR: See website
Key People
Eric Richer La Fleche
President, Chief Executive Officer, Non-Independent Director
Karin Jonsson
Vice President, Corporate Controller
Francois Thibault
Chief Financial Officer, Executive Vice President, Treasurer
Jean-Michel Coutu
President, Jean Coutu Group
Carmine Fortino
Executive Vice President, National Supply Chain and Procurement
Marc Giroux
Executive Vice President, Chief Operating Officer - Food
Pietro Rollo
Senior Vice President - Procurement
Frederic Legault
Chief Information Officer, Vice President
Alain Tadros
Chief Marketing Officer and Digital Strategy, Vice President
Simon Rivet
Vice President, General Counsel, Corporate Secretary
   
Business Overview
Metro Inc. is a food and pharmacy retailers and distributors company. The Company, through its activities as a retailer, franchisor or distributor, and manufacturer operates or supplies a network of supermarkets, discount stores and drugstores. It operates 975 food stores under several banners, including Metro, Metro Plus, Super C and Food Basics, as well as 645 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners. The Metro banner, with its 328 stores including 120 Metro Plus stores in Quebec is a supermarket chain. The Super C banner operates 102 discount stores in Quebec and offers a range of grocery products. Food Basics is a discount store providing quality products to customers in 143 locations across Ontario. The Food Basics Pharmacy banner is located in 30 Food Basics grocery stores. Its Food Basics Pharmacy is a full-service pharmacy and offers professional services, such as health reminders and medical profiles, among others.
Financial Overview
For the 12 weeks ended 23 December 2023, Metro Inc revenues increased 6% to C$4.97B. Net income decreased 1% to C$227M. Revenues reflect Retail Sales, Total increase of 6% to C$4.97B. Net income was offset by Operating expenses increase of 11% to C$506.4M (expense), Depreciation and amortization increase of 9% to C$131.1M (expense). Dividend per share increased from C$0.28 to C$0.30.
Employees: 97,000 as of Sep 30, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $20,896M as of Dec 23, 2023
Annual revenue (TTM): $21,028M as of Dec 23, 2023
EBITDA (TTM): $1,975M as of Dec 23, 2023
Net annual income (TTM): $1,012M as of Dec 23, 2023
Free cash flow (TTM): $578.40M as of Dec 23, 2023
Net Debt Last Fiscal Year: $4,499M as of Dec 23, 2023
Shares outstanding: 227,005,710 as of Feb 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization