Insight Report 2 minutes PremiumMetro Group (DE:MEO) 2Q16 REVIEW: POSITIVE COMPS, OPERATING LOSS NARROWS Coresight Research May 11, 2016 Executive Summary Metro reported normalized 2Q16 EPS of (€0.18) versus consensus of (€0.17). Total revenue was down 0.9%, to €13.6 billion, beating consensus of €13.5 billion. Same-store sales were up 0.6%, versus consensus of +0.4%. Operating loss was €34 million, narrower than the 2Q15 loss of €564 million. Metro expects increases in sales and profitability for FY16, while analysts estimate revenue and operating profit to decline by 0.7% and 3.8% respectively versus FY15. 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: March 2023 UK Retail Sales: Online Sales Return to GrowthAnalyst Corner—Inside the World of Luxury Retail: Global Market Learnings with Sunny ZhengChina Retail Unveiled: In-Depth Insights Presented at FIRA 2024 Annual MeetingGroceryshop 2023 Day Two: Technology and Partnerships in the Grocery Space
