Friday 12 October 2007
Metro warns of $18 million losses
By Leah McBride Mensching, Friday 12 October 2007 at 22:18 :: Newspaper Data
Metro International expects third quarter losses to reach $18 million, double last year's deficit, and a blow that has it reviewing its operations around the world, Brand Republic reported Friday.
“We are launching actions based on our findings and conclusions and this work will intensify over the coming period,” said Dennis Malamatinas, chairman of the board at Metro, according to the report.






