date:Dec 13, 2013
German retail giant Metro Group says that it aims to significantly improve profits next year by launching a campaign to update its image globally.
Today, it reported a net loss for its short financial year of nine months and cancelled its dividend.
According to Reuters, investors were left shocked in March when it cut its dividend for the first time in over 14 years. It moved its financial year to start on October 1 to avoid reporting requirements interfering with the key Christmas sales perio