date:Aug 02, 2013
Metro's business with around 45% of Group sales, saw its German sales fall by 5.1% during the quarter.
Earnings before interest, tax and special items (EBIT) was down 12% to 276 million.
According to the retailer, Metro Group 'succeeded in further strengthening its financial foundation in the first half of 2013 despite consumer sentiment remaining weak across Europe'.
The disposable income and purchasing power of our customers in nearly all European countries were still burdened by austerity