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Home>Metro Swings to Loss on Strong Euro, Disposals

Metro Swings to Loss on Strong Euro, Disposals

3party Content

Thu, 31 Jul 2014

By Neetha Mahadevan FRANKFURT--Metro AG (MEO.XE) on Thursday swung to an unexpected net loss in its fiscal third-quarter because growth was derailed by a strong euro and disposals of business units, but the German retailer reaffirmed its outlook for the year. Net loss for the quarter ended June 30
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