date:May 12, 2014
with earnings of 14 million last year.
Currency changes in countries including Turkey and Russia also hurt sales, the company said.
The retailer suffered a setback this year after its plans to float a quarter of its Russian cash-and-carry arm on the stock market had to be delayed because of the political turmoil in Ukraine.
Metro has also cut its outlook for its consumer electronics because of falling profits. Adding to the company's troubles, chief executive of Media-Saturn, Europe's largest