Metro International Q3 Numbers Plumb Twelve-Year Low

24 October 2007

LUXEMBOURG: Global free newspaper publisher Metro International has revealed a Q3 operating loss of €12.88m ($18.2m; £8.97m) - the worst set of quarterly figures in the publisher's twelve-year lifetime.

The plunge is attributed to reduced margins in Sweden, France and Spain, plus that now-perennial excuse, the depreciation of the US dollar.

The haemorrhage comes amid a vacuum left by the departure of Metro ceo Pelle Tornberg on 31 July and the arrival of locum Mikael Jensen on 1 November.

Data sourced from; additional content by WARC staff