Aisles Abroad: Inside Alibaba s digital-first club store
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Inside Alibaba s digital-first club store
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Metro ends FY on positive note
Date : 15 December 2020
Positive Q4 sees Metro gain market share
In its full year, Metro reported like-for-like sales contracted by 3.9%, which was at the upper end of its guidance range. The company said that ‘
with the exception of Q3, which was impacted by COVID-19, Metro looks back on an overall robust FY 2019/20, in which the transformation to a pure wholesaler was completed’. Its performance improved in the second half of Q3, as restrictions were lifted, with this continuing into Q4. The results enable it to report a ‘
significant’ gain in market share in its core business in Germany, France and Italy.