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A guide to Germany’s grocery market and how we expect the country, its leading retailers and channels to evolve over the next five years.
Metro Group’s sales rose 19.4% in local currency terms and by 20.0% in total, reaching €7.6 bn. The company reported its revenue in the Q1 2021/22 period exceeded its pre-pandemic levels ‘despite ongoing restrictions’. Metro, though, noted the challenges it faced during Q1 2020/21, when total sales contracted by 16% due to Covid restrictions in many of its key markets.
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