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: Analyst Corner—A Budget for Retail? Reviewing the UK’s 2024 Finance Update with John MercerWeekly US and UK Store Openings and Closures Tracker 2024, Week 20: Ted Baker To Close All US StoresGroceryshop 2024 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators Enhancing the Supply Chain, Customer Experience and OperationsWeinswig’s Weekly: How Are Chinese Consumers Shopping Beauty?
