Nordic Business Report-April 25, 2006-Metro International SA posts Q1 operating loss of USD3.89m
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The Swedish-controlled Luxembourg-based newspaper publisher Metro International SA issued its first quarter report on Tuesday (25 April), posting an operating loss of USD3.89m, as compared to a profit of USD7.51m in the first quarter of 2005.
The result for the first quarter last year was boosted by the sale of a minority interest in a subsidiary.
Net sales amounted to USD93.18m, as compared to USD84.10m in the first quarter last year.
One US dollar (USD) is worth approximately 0.57 British pounds (GBP).
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