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Sales increase sees Metro post second quarterly profit.(Brief Article)
Metro International has recorded an increase in sales and profit, despite heavy investment in entering the New York market.
The group, which operates in 15 countries, boosted its year-on-year sales by 50 per cent to dollars 145 million for the first six months of 2004.
This increase helped it to produce a profit during the second quarter - only its second quarterly profit since listing its shares in 2000.
Metro International has launched in seven markets this year, including New York in May, and three further French editions in Bordeaux, Lille and Toulouse.
Toby Constantine, the vice-president, global marketing and research at Metro International, unveiled research showing Metro International has a global daily readership of 14.5 million, an ...
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