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Home International Customs Germany

Metro sales meet forecasts

byCT Report
12/05/2016
in Germany
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BERLIN: Metro AG posted second-quarter sales that met estimates as business in its home market of Germany picked up a year before the retailer is due to split its computer and electronics stores from its food wholesale business.Sales for the quarter ended in March were 13.6 billion euros, the Dusseldorf-based firm said in a statement yesterday.

Analysts expected 13.5 billion euros, according to the average estimate compiled by Bloomberg. Earnings before interest, taxes and special items were 11 million euros.

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