Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Metro Internet Sales to Top 100 Million Euros in 2012, FAZ Says

Don't Miss Out —
Follow us on:

May 15 (Bloomberg) -- Metro AG expects online sales will contribute a “significant three-digit-million” figure to revenue this year and account for 5 percent to 10 percent of all sales in the medium term, Frankfurter Allgemeine Zeitung reported, citing an interview with Chief Executive Officer Olaf Koch.

There was a “clear improvement” at the company’s brands in the first quarter, which include Cash & Carry, Media-Saturn, Real and Galeria Kaufhof, Koch told the newspaper.

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.