Metro: latest news, analysis and trading updates | ESM Magazine

Wholesaler Metro Revises Forecasts Over Delayed Reopening Of Hospitality Businesses

The delayed reopening of hospitality businesses has prompted wholesale giant Metro to revise its guidance for the coming year. The group said that accor...

Auchan, Casino, DIA, Metro, Schiever Call Time On Horizon Structure

Auchan Retail, Groupe Casino, DIA, Metro and Schiever have announced that they are not planning to renew their Horizon purchasing alliance for 2022, by mut...

Wholesaler Metro Positive For The Future, Despite HoReCa Slowdown

Wholesale giant Metro has "set the course for a new phase of growth", according to Rafael Gasset, its co-chairman and COO, despite the challenges...

Wholesaler Metro Optimistic Despite First-Quarter Sales Slump

Wholesale group Metro said that its performance in key markets such as Germany, France and Italy was better than expected in the first quarter of its finan...

Wholesaler Metro Announces CEOs For 'Transition Period'

Cash and carry giant Metro AG has announced that Christian Baier, the company's CFO and Rafael Gasset, its COO, will jointly assume the position of chief e...

Metro Turnaround Continues, As Q4 Sales 'On A Par' With Last Year

Wholesaler Metro said that its fourth quarter like-for-like sales performance was 'roughly on a par' with the previous year, driven by a 'notable' recovery...

Metro Says New Takeover Offer Undervalues Company

German wholesaler Metro said that the new offer from EP Global Commerce to increase their stake in the company substantially undervalued the German wholesa...

Mission Accomplished? Olaf Koch To Depart A Much-Transformed Metro

Announcing the decision to promote then-CFO Olaf Koch to the position of chief executive back in 2011, wholesaler Metro said that the appointment symbolise...