date:Apr 26, 2013
213bn for the corresponding period of fiscal 2012.
The rise in sales was the result of very low food inflation, increased competition, the closure of underperforming stores, and the temporary problems at our pharmaceutical product warehouse.
EBITDA for the first 24 weeks of 2013 was $368.2m. Net earnings reached $488.2m, up 144.3% from $199.8m for the corresponding period of 2012.
Metro is a German global diversified retail and wholesale/cash and carry group. It operates across Europe, Asia a