Company Earnings Update 3 minutesRegister for Free AccessMetro Group (ETR: MEO) 1Q16 Results: Earnings Slip on Weak Ruble Coresight Research February 10, 2016 Executive Summary Metro AG reported a decline of 7.2% in EBIT before special items, to €828 million, for 1Q16, missing the consensus estimate. Group sales were down 1.3% in reporting currency, to €17.1 billion, while comps were marginally up at 0.1%. The group maintains a positive outlook for FY16despite the challenging economic environment. 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: Innovator Profile: Veesual—Enhancing the Online Apparel Shopping Journey with Image GenerationAnalyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John HarmonInflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy?Weekly US Consumer Sentiment, Flash Preview: The Big Surprise in a Week of Shocks—Infographic
