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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: Walmart Leans In on Automation To Boost MarginsAmazon Regains Food Shoppers; Dollar Tree Jumps to Third Place for Nonfood: US Consumer Survey InsightsSeasonal Shopping, 1Q24—Expectations for Valentine’s Day, Easter and Presidents’ Day: US Consumer Survey Insights ExtraThe FTC Challenges Tapestry’s Acquisition of Capri: An Analysis of Market Impact and Consumer Choice
