German retail giant Metro has posted a 14% rise in third-quarter net income, despite clothing sales being hit by the hot summer weather in Europe.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Metro reported net profit of €59.3m (US$68.0m) for the third quarter, compared with €51.9m a year earlier, reported Dow Jones News. EBIT rose 12.4% to €211.3m.


Sales edged up to €12.8bn from €12.36bn. Foreign sales accounted for 48.4% of sales in the quarter, compared with 46.8% in the year-ago period, reflecting the group’s internationalisation efforts.


Metro said it had extended its sales network to 2,339 outlets worldwide at the end of the third quarter, during which it opened 23 new stores. The company operated in 27 countries at the end of the quarter.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now