October 25, 2018 / 5:38 AM / 20 days ago

Russia, Real hypermarkets dent sales at Germany's Metro

BERLIN, Oct 25 (Reuters) - German wholesaler Metro on Thursday said fourth-quarter sales diminished due to another fall at its Russia business and the Real hypermarkets it is trying to sell, although its core business in Germany saw an improvement in like-for-like sales.

Sales in the fiscal fourth quarter fell 2.3 percent to 9 billion euros ($10.27 billion), as sales tumbled 5.1 percent at its Real unit, which Metro said was partly due to unusually hot weather putting customers off from shopping.

Metro, which reports full 2017/18 results on Dec. 13, confirmed its outlook for a slight increase in earnings before interest, depreciation and amortisation.

$1 = 0.8766 euros Reporting by Emma Thomasson, Editing by Tassilo Hummel

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