Metro

Metro CEO Praises 'Significant Progress' Made at Wholesaler In Past Year

Metro chief executive Olaf Koch has said that the financial year 2018/19 marked "significant progress" in the company's bid to become a pure whol...

Mixed Performance For Metro Across Key Markets In First Quarter

Wholesale giant Metro has posted a 1.0% increase in like-for-like sales in the first quarter of its financial year, however there was a mixed performance a...

Metro Reaches Agreement On Sale Of Real Hypermarket Business

Wholesaler Metro has reached a 'commercial agreement' with a consortium comprised of The SCP Group and x+bricks on the sale of its Real hypermarket busines...

Meridian, Beisheim Hike Metro Stake, Open To Buying More Shares

Investors Meridian Foundation and the Beisheim Group said on Tuesday they have increased their stake in German wholesaler Metro to about 23% and are open t...

Metro AG Sees Q1 Sales Rise, However Home Market Down Slightly

Metro AG has posted a 1.0% increase in like-for-like sales in the first quarter of its financial year, with total sales rising by 2.2% to €7.5 billion...

Metro Announces Exclusive Talks On Hypermarkets Sale With X+Bricks

Metro is entering exclusive talks on the sale of its struggling Real hypermarkets unit to a consortium led by property investor X+Bricks, the German wholes...

Consortium Including X+Bricks Beefs Up Offer For Metro's Real Hypermarkets

A consortium seeking to buy German wholesaler Metro's Real chain has beefed up its offer for the hypermarkets, property investor X+Bricks, one of the bidde...

Metro 'Advances Development' To A Fully Wholesale Strategy

Metro AG has provided an update on its efficiency programme, announced in September, saying that it 'continues to advance its development into a 100% whole...