Better than expected results from Metro

The operating profit of the food chain can reach 2.3 billion euros this year. The third quarterly report shows, that net earnings increased to 149 million euros with the 67 million euros registered in the previous year.

A 10 percent increase occurred in revenues in the Eastern European region, generated primarily by Russia, Ukraine and Turkey. According to the company; sales in Hungary, in Romania and in Bulgaria will continue to stagnate.
Due to the third quarterly report, the company's share price increased by 1.1 percent to 51.97 euros – reports Világgazdaság Online, after Bloomberg.