Metro Group Says Sales Rose 2.1 Percent In 1Q Of FY 2014-2015

Metro Group reported like-for-like sales rose 2.1 percent in the first quarter of financial year 2014-2015. Sales increased 2.6 percent when adjusted for currency effects and portfolio changes. According to the company, all of its sales lines reported increased like-for-like sales from the Christmas business. EBIT before special items reached €1.024 billion, a decline from €1.073 billion in the same quarter of the previous year, due to the €60 million worth of negative currency effects. Also, the company reported its earning per share reached €1.36 during the quarter, compared with €1.35 in the same quarter of the previous year.