date:May 09, 2014
recast for its 2013/14 fiscal year for a slight rise in sales in local currency and EBIT before special items of about 1.75 billion euros, provided that exchange rates remain constant, saying other units should compensate for Media-Saturn.
Europe's No. 4 retailer, a sprawling group which includes hypermarkets and wholesale and department stores, has been trimming its portfolio and cutting costs to respond to sluggish demand in Germany and western Europe which account for two-thirds of sales.
S