Company Earnings UpdateMetro Group (DB:MEO) 1H17 Results: Flat Sales Trends Coresight Research June 1, 2017 Executive Summary Metro Group has demerged into two entities, splitting its consumer electronics retailing business (Media-Saturn) and its food retailing/wholesaling division (Metro Cash & Carry and Real). In terms of reporting, the Media-Saturn division has been classified as continuing operations, and the Metro Cash & Carry and Real businesses are now classified as discontinued operations. Media-Saturn reported net sales of €12,151 million in 1H17, flat versus the same period last year. Constant currency sales were also flat. Comparable store sales increased 0.1% year over year. Media-Saturn expects a slight year-over-year increase in sales and EBIT for FY17. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers Drive Uptick in Financial Optimism: Weekly US Consumer Sentiment, Week 22, 2025—InfographicWhat Can Retailers Learn from Shein and Temu?: Premium Subscriber Call, February 2025US Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? InfographicRetail Under Pressure: How Will Tariffs Disrupt the Back-to-School and Holiday Seasons?
