Company Earnings UpdateMetro Group (DB: MEO)1Q17 Trading Update: Weak Grocery Segment Weighs on Top Line Coresight Research January 11, 2017 Executive Summary Metro Group reported net sales of €17.0 billion in 1Q17, down 0.6% from the same period last year, and almost in line with consensus estimates. Comps edged up by 0.1% year over year. Metro Cash and Carry posted sales of €8.0 billion, down 0.3% year over year, which the company attributed to sales of its operations in Vietnam and negative foreign-currency effects. Sales at Media-Saturn were flat at €6.9 billion, and sales at Real declined by 4.0% to €2.1 billion. 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: US Holiday 2025: Early Outlook—Improving Signals, But Will It Last?Weekly UK Store Openings and Closures Tracker 2026, Week 13: Superdry To ExpandCES 2025 Wrap-Up: Top 10 Takeaways—AI, Retail Tech, Sustainability, and Health and Wellness Come into FocusConsumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey Insights
