By  on March 20, 2013

BERLIN — Burdened by special items totalling 616 million euros, or $792.2 million, the Metro Group said 2012 net profits declined 26.8 percent to 717 million euros, or $922.1 million.

The special items primarily relate to the streamlining of the group’s portfolio, and include restructuring expenses, goodwill and other impairments connected to the sale of Makro Cash & Carry in the U.K., the termination of Media Markt’s business in China, and effects from the sale of Real’s Eastern European business.

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