Metro Posts Full-Year Profit

Germany's Metro AG

swung to a profit in the fiscal full year. The company posted a net profit for the year of EUR127 million ($157.96 million), versus a year-ago loss of EUR35 million. Its adjusted profit attributable to shareholders climbed to 600 million euros compared to 481 million euros, while adjusted EPS jumped to 1.84 euros from 1.47 euros. Its sales came in at EUR15.1 billion for the fourth quarter, while sales for the full fiscal year came in at EUR63 billion. Metro shares fell 1.61% to close at $5.80 yesterday.