Metro's Revenue Rises Despite Anticipated Loss
The wholesale giant faces challenging conditions as growth slows in key markets.
- Metro's revenue increased by 1.6% to 31 billion euros at the end of the 2023/24 fiscal year.
- The company's growth decelerated in the fourth quarter, with a self-generated growth rate of 3.8%.
- Sales in the crucial German market remained stagnant compared to the previous year.
- Metro anticipates a decrease in its EBITDA, expecting results at the lower end of a projected range.
- Detailed financial results are scheduled for release on December 10.