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Consumer and retailing highlights to 09:15 GMT


Published : Wed, 21 Mar 2007 10:32
By : Agencies
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2007-03-21 09:05:53

Metro CEO sees no sales drop in Q1 due to German tax increase UDPATE

DUSSELDORF, Germany (AFX) - Metro AG chief executive officer Hans-Joachim

Koerber said first-quarter sales are not expected to decline as growing sales

abroad offset a 3 pct increase in value-added tax in the company's German home

market.

2007-03-21 08:34:02

Metro CEO sees no sales drop in Q1 due to German tax increase

DUSSELDORF, Germany (AFX) - Metro AG chief executive officer Hans-Joachim

Koerber said first-quarter sales are not expected to decline as growing sales

abroad offset a 3 pct increase in value-added tax in the company's German home

market.

2007-03-21 08:29:00

Hong Kong's Li & Fung 2006 net profit 2.20 bln hkd vs 1.79 bln

HONG KONG (XFN-ASIA) - Li & Fung Ltd full-year 2006 results:

Sales - 68.01 bln hkd vs 55.62 bln

Opg profit - 2.34 bln hkd vs 1.86 bln

Net profit - 2.20 bln hkd vs 1.79 bln

EPS - 67.1 HK cents vs 55.6

Final div - 39.0 HK cents vs 32.3

roby.lau@xfn.com

rl/net

2007-03-21 08:25:21

Kesa Electricals to up current year capex to 140 mln stg

LONDON (AFX) - Kesa Electricals PLC, Europe's third biggest electricals

retailer, plans to ramp-up capital expenditure to 140 mln stg in the year to

end-January 2008 from 111.6 mln stg the previous year, chief executive Jean-Noel

Labroue told AFX News.

2007-03-21 08:00:08

Metro FY net jumps 82.2 pct on Wal-Mart, Geant purchases, beats consensus

DUESSELDORF, Germany (AFX) - Metro AG said full-year net profit rose to 913

mln eur from 501 mln, helped by the acquisition of Wal-Mart Stores Inc's German

stores and Geant hypermarkets in Poland and beating an average analyst forecast

of 895.4 mln.

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