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Metro Group Announces Stronger Like-for-like Sales In 2Q And 2H Of 2014‒2015

May 5, 2015: 12:00 AM EST
Retail company Metro Group reported like-for-like sales grew 2.5 percent in the second quarter and 2.2 percent in the first half of fiscal year 2014‒2015. EBIT before special items reached €984 million in the first half. According to the company, negative impact on EBIT in the second quarter from goodwill impairment reached about €450 million. Its net debt was reduced by about €800 million as of March 31, 2015, compared with the previous year.
"METRO GROUP continues positive trend in operating business", METRO GROUP, May 05, 2015, © METRO GROUP
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