Metro Group like-for-like sales up 1.5 percent in FY15

According to the preliminary figures, Metro Group increased its like-for-like sales by 1.5 percent in financial year 2014/15. The Düsseldorf-based retail and wholesale company said that the growth indicates that it has achieved its full-year sales target. The company added that reported sales of 59.2 billion euros (67 billion dollars) fell 1.2 percent short of the previous year's figure due to negative currency and portfolio effects. However, sales in local currencies increased by 0.5 percent.