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: JCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US RetailConsumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsEssential Guide to Shoptalk Fall 2025: Turning Current Challenges into Long-Term Strengths with Retail AlchemyThe Evolving Supply Chain Landscape: Tariffs, Holiday 2025, and What’s Next: Insights Presented by Deborah Weinswig at The Lead Summit
