date:Apr 26, 2013
German retail major Metro Group has reported total sales of 2.51bn for the second quarter ended 6 March 2013, representing a 2.6% drop over 2012 figures.
The decrease is primarily from the shift in the important week preceding Christmas, the closure of a few unprofitable stores in Ontario, as well as the loss of sales in pharmaceutical division.
Net earnings for the second quarter of 2013 were $366.8m, an increase of 281.7% over net earnings of $96.1m for the same quarter of 2012.
Adjusting f