Metro's operating profit decreased

By: trademagazin Date: 2011. 08. 03. 12:20

METRO Group's performance was smaller than expected in the second quarter, mainly because of the worsening European consumer sentiment.

Revenue rose by 0.2 percent, compared to the previous year to 15.74 billion euros, operating profit decreased by 8 percent to 306 million euros. Media Markt-Saturn's revenue fell by 5.2 percent. This also worsened the results of the group – reports Világgazdaság Online.

Related news