Metro AG: Q1 results impacted by COVID-19

Date : 11 February 2021

Keshia Beadle

Senior Retail Analyst

Germany-based wholesaler Metro reported sales were down 11.2% in local currency terms, to €6.3 bn. The company said, despite its performance being affected strongly by COVID-19 restrictions in many of its markets, it had outperformed its peers in its core markets of Germany, France, and Italy.…
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