Insight Report 3 minutes PremiumMetro Group (DB:MEO) FY16 Trading Statement: Metro Reports Slight FY16 Sales Growth and Confirms EBIT Guidance Coresight Research October 20, 2016 Executive Summary Metro Group reported net sales of €58.4 billion inFY16, down 1.4% from FY15, and slightly below the consensus estimate of €58.8 billion. In local currency terms, sales grew by 0.4% and comps grew by 0.2%. In 4Q16, net sales declined by 0.5% to €14.2 billion. Sales grew by 0.2% year over year in local currency and comps grew by 0.1%. Metro stated that the company achieved its internal sales forecast for FY16. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Insights Video: Market Navigator—US Grocery RetailingWhat Do US Consumers Think About Generative AI?November 2023 China Retail Sales: Growth Continues To StrengthenWeinswig’s Weekly: Pioneer the Future of Retail at NextGen Commerce, a Coresight Research AI Conference