date:Dec 13, 2013
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The fourth biggest retailer in the world by revenues, which runs cash and carries, supermarkets, department stores as well as an electronics chain, is currently undergoing a strategy of slimming own its portfolio and cutting costs across the organization in order to try revive its fortunes.
Metro reported earnings before interest and tax (EBIT), before special items, of 728 million for the shortened 2013 business year to September. It had hoped to slightly exceed the 706 million of the prio