Metro AG sees double-digit growth in sales in Q4 - News Summed Up

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Metro AG sees double-digit growth in sales in Q4


Source: today.rtl.luGermany: Wholesaler Metro sees double-digit growth in sales in fourth quarterWholesale giant Metro AG has reported a 11.8% increase in sales in the fourth quarter of its financial year, or 12.1% growth in euro-denominated terms. The group said that growth was driven by all segments of its business, including store-based, delivery and Metro markets, and that sales growth for the period was 'in line with expectations'. Retail sales amounted to SEK14bln (€1.3bln), up 15.5% year-on-year, while operating profit amounted to SEK975mln (€88.4mln). Source: stuff.co.nzDeliveroo expects lower sales growth amid ‘ongoing economic uncertainty’Deliveroo has reduced its full-year sales expectations and is “adapting financially” amid “ongoing economic uncertainty”. Sales growth also rose by 11% in this market to £944mln as Deliveroo’s orders grew by 5% to 37.7mln.


Source: Daily News Egypt October 24, 2022 19:12 UTC



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