Decent start to Metro Group’s fiscal year

The first quarter of Metro Group’s fiscal year 2013/14 has not performed as well as the same quarter the year before, as turnover dropped 3.3 %. The like-for-like turnover did manage to remain stable compared to the year before.

  • Published in General

Positive performance from Metro Group

German group Metro has created a higher turnover and EBIT in its short financial year, mostly thanks to rising online sales. The company expects to continue this positive trend in the following financial year.

  • Published in General

Metro Group withstands pressure sales drop

German company Metro had a drop in sales of 3.6% in the second quarter, mainly due to the dire economic circumstances in Europe. On a comparable basis the group only lost half a percent: no wonder CEO Koch talks about a ‘positive business development’.

  • Published in General

Decent start for Metro in 2013

The German Metro group has announced quarterly results that were better than expected. In the rest of Western Europe the parent company of Media Markt, Saturn, Metro and Makro takes a beating, but the better performances in home country Germany, especially at Media Saturn, makes up for that.

Booker buys Makro UK for €175 million

British food wholesaler Booker has bought Makro's British activities from the German Metro Group in a deal worth £140 million (€175 million). The Germans receive a 9.99% participation in the Booker Group and an extra 20 million euro in cash.

  • Published in Food
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