The Metro and Danone reported results

By: trademagazin Date: 2015. 10. 19. 11:20

The third quarter results of the Metro and the Danone are available on the


The Metro due to unfavorable currency effects and asset reported a sales decline of 1.1 percent to 14.2 billion euros in reported revenue. However, on a comparable basis, revenues increased by 1.3 percent. On a like-for-like basis, sales grew at its core wholesale and consumer electronics units, by 1.1 percent and 2.9 percent respectively, Metro said in a statement.

Danone reported respectable third-quarter results that put the firm ahead of our full-year revenue forecasts. Third-quarter organic revenue grew 4.6%, roughly in line with the 4.5% increase in the second quarter. The strong currency tailwind from the last quarter has faded, however, and the reported revenue increase was just 4.2%. – the company told. (

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