The German based wholesaler saw sales increase by over +10% YoY in Q2 2023. All segments performing well Metro Group continued its sales success in Q2, as its sales grew YoY by +10.4% to €6.9 billion. This concludes a very positive H1 for the wholesaler, with an overall sales increase of +8.3% to just over €15 billion. Except for Russia, it saw strong performance across its markets in Q2: ...

Metro Group has recorded a strong Q1 2022/23, seeing sales increase in local currency by 5.2% in the period. We also look at some of its recent developments to continue growth into Q2. Year-on-year growth across markets Recording total sales of €8.1 billion for Q1 2022/23, an increase of 6.6% YoY, Metro Group had good sales performance in all markets, except for Russia: Germany – sale...

In the first stage of it scaling back operations in the Asian market, German based Metro Group is selling its wholesale format in India to local retailer Reliance Retail. Scaling back in Asia to focus on European ventures The sale of Metro’s operation in India will see Reliance Retail take over its 31 wholesale stores, with the deal expected to be concluded in March 2023. Metro has been pre...