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Metro AG (MEO), Germany’s biggest retailer, stuck to a forecast that profit won’t increase this year as consumers limit spending amid concern that the economy will fail to grow. “Continued economic instability” will hold back consumer ...
May 23, 2012 at 13:14 | Source: Bloomberg
Dr. Florian Funck elected member of the Supervisory Board Change of financial year adopted effective from 2013 Stable dividend of € 1.35 per share of common stock In addition, the Annual General Meeting elected Dr. Florian Funck as new member of the ...
May 23, 2012 at 18:36 | Source: 4-traders (press release)
Metro AG (Metro) is a retailer of food, clothes, electronics and other products. It operates various retail formats comprising cash & carry warehouses, hypermarkets, consumer electronic stores and departmental stores under the banners of Metro Cash & Carry ...
May 19, 2012 at 12:36 | Source: Transworld News
FRANKFURT -(MarketWatch)- Retailer Metro AG Wednesday confirmed its forecast for 2012 as sales in the January-April period increased more than 1%. Earnings before interest and tax, or EBIT, is expected to reach the previous year's level of EUR2 ...
May 23, 2012 at 09:32 | Source: Marketwatch
Metro's core retailing channels, electronics and appliance specialists (Media Markt/Saturn) and hypermarkets (Real), faced a slowdown in growth in Germany as well as in key European markets. However, its recent foray into internet retailing could boost sales.
May 15, 2012 at 15:54 | Source: Transworld News
FRANKFURT – German retailer Metro AG's (MEO.XE) second quarter is going well with the company's new strategy is showing results, its chief executive told German newspaper Frankfurter Allgemeine Zeitung in an interview to be published Tuesday.
May 14, 2012 at 17:14 | Source: FOXBusiness
Metro is one of the world's leaders in large-scale distribution. Net sales break down by distribution network as follows: - Cash & Carry stores (46.3%): owns, at the end of 2010, 687 centers (Metro name) located in Germany (117), Europe (487), Asia and ...
May 23, 2012 at 09:11 | Source: 4-traders (press release)
While companies from Hugo Boss AG (BOS) to Beiersdorf AG (BEI) say they are profiting from increasing consumer spending, Metro AG (MEO), Germany’s biggest retailer, said yesterday it’s sticking to a forecast that profit won’t rise this ...
May 24, 2012 at 06:54 | Source: Businessweek
(The following statement was released by the rating agency) May 8 - Overview -- We believe that in light of currently difficult industry conditions, a trend of weakening profitability and low top-line growth will continue for German retailer Metro AG in 2012.
May 8, 2012 at 15:55 | Source: Inside Fidelity
OTTAWA – The Harper government is trying to block the Canadian Human Rights Tribunal from hearing a retired aboriginal Mountie’s complaints about the alleged discrimination and harassment he faced over the course of his long RCMP career. Attorney ...
May 22, 2012 at 19:49 | Source: Metronews.ca