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Metro inc. (T:MRU)

Business Focus: Supermarkets & Convenience Stores

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Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEDAR
Company Contact
Address: 11011 Maurice-Duplessis Blvd
Tel: 1-514-6431000
IR: See website
Key People
Real Raymond
Lead Independent Chairman of the Board
Martin Allaire
Vice President - Real Estate and Engineering
Eric Richer La Fleche
President, Chief Executive Officer, Non-Independent Director
Francois Thibault
Chief Financial Officer, Executive Vice President, Treasurer
Christian Bourbonniere
Executive Vice President - Quebec Division Head
Carmine Fortino
Executive Vice President - Ontario Division Head
Serge Boulanger
Senior Vice President - National Procurement and Corporate Brands
Simon Rivet
Vice President, General Counsel, Corporate Secretary
Mireille Desjarlais
Vice President, Corporate Controller
Genevieve L. Bich
Vice President - Human Resources
Business Overview
METRO INC. is engaged in food and pharmaceutical distribution. The Company operates under various grocery banners in the supermarket and discount segments. The Company operates or supplies a network of over 940 food stores under various banners, including Metro, Metro Plus, Super C, Food Basics, Adonis and Premiere Moisson, as well as approximately 260 drugstores under the Brunet, Metro Pharmacy and Drug Basics banners. The Adonis banner, which has over 10 stores, is specialized in perishables, and Mediterranean and Middle-Eastern products. It also operates Premiere Moisson, a company specialized in bakery, pastry, charcutery and other food offerings prepared on an artisanal basis. Premiere Moisson sells its products to its stores, to restaurant and distribution chains, as well as directly to consumers. It also acts as franchisor and distributor for over 180 franchised Brunet Plus, Brunet, Brunet Clinique and Clini Plus drugstores, owned by independent pharmacists.
Financial Overview
For the 24 weeks ended 16 March 2019, Metro, Inc. revenues increased 28% to C$7.68B. Net income decreased 77% to C$323.2M. Revenues reflect Comparable Store Sales % - Retail increase from 1.1 to 3.8%. Net income was offset by Merchandise Margins, Total - % decrease of 1% to 19.8%, G/L on Invest. HFS, Maturity & Trading decrease of 97% to C$35.4M (income), FV Adjustments of Financial Investments decrease of 99% to C$1.5M (income).
Employees: 90,000 as of Sep 29, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $15,160M as of Mar 16, 2019
Annual revenue (TTM): $16,052M as of Mar 16, 2019
EBITDA (TTM): $1,200M as of Mar 16, 2019
Net annual income (TTM): $635.40M as of Mar 16, 2019
Free cash flow (TTM): $112.50M as of Mar 16, 2019
Net Debt Last Fiscal Year: $2,509M as of Mar 16, 2019
Shares outstanding: 255,534,706 as of Apr 23, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization