Company Earnings Update 2 minutesRegister for Free AccessMetro 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? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 3: US Closures Down 24%Analyst Corner—Inside the GLP-1 Boom in the US, with Madhav PitaliyaWeekly US and UK Store Openings and Closures Tracker 2023, Week 50: VF Corporation Boosts US OpeningsWeinswig’s Weekly: Amazon Moves About $10 Billion Worth of Goods This Prime Day
