“Revenue was in line with our expectations, and in the second half we expect total annual growth in line with our expectations of double-digit growth in 2020,” Metro officials say.
Metro ended last year with RON6.1 billion revenue, 5% higher than in 2019. This is its best result since arrival in Romania.
Its officials say they have noticed a rise in consumer spending, which will continue into the second half, hence their optimism.
Metro Cash & Carry has 30 cash&carry stores in Romania and is developing the small store chain LaDoiPasi through partners.
(English version by Loredana Fratila-Cristescu)