Half year results of Metro Group
The German retailing company, Metro Group, Duesseldorf, has announced its results for the first half of 2010. Compared with the same period last year, sales increased 2.4 percent to Euro 31.2 billion (US-$ 40.75 billion). Excluding the influence of favorable currency exchange rates, the plus was 0.6 percent. The operational result reached Euro 369 million [...]
First quarter results of Metro Group
German retailing giant Metro Group, Duesseldorf, recorded sales of Euro 15.5 billion (US-$ 20.6 billion) in the first quarter of 2010, an increase by 2.3 percent compared with the same period last year. Earnings from operations increased 55.9 percent to Euro 136 million (US-$ 181.1 million). According to a press release, all businesses contributed to [...]
Annual results of Metro Group
The German retailing giant Metro Group, Duesseldorf, has announced sales of euro 65.6 billion (US-$ 90.15 billion) for fiscal 2009, a minus of 3.6 percent compared with 2008. According to a press release, the decline is due to the negative influence of exchange rates, particularly in Eastern Europe. Without these effects, Metro recorded a plus [...]
Metro announces preliminary results
The German retailing company Metro Group, Duesseldorf, has announced preliminary and unaudited figures for fiscal 2009 (Jan. 1 to Dec. 31, 2009). Due to unfavorable exchange rates, sales declined 3.6 percent to Euro 65.5 billion (US-$ 95.0 billion). Without currency effects, the company recorded a plus of 0.2 percent. According to a press release, the [...]
Metro Group announces robust earnings
Germany-based retailing giant Metro Group announced sales of Euro 46.1 billion (US$ 68.1 billion) for the first nine months of 2009, a decline of 3.7 percent compared with the same period last year, but am increase of 0.3 percent in local currencies. Despite the economic crisis, the operating result (EBIT) reached Euro 748 million (US$ [...]
