Metro’s first-half results showed that sales rose by 2.4% to €31.2bn (£25.9bn).

In local currencies, sales climbed by 0.6%.

EBIT before special items increased by 16.6% to €470m (£390m). Strong sales growth was again reported by electronics superstore chains Media Markt and Saturn, further extending their market leadership. Bestselling items were TVs and large domestic appliances.

First-half sales at Metro Cash & Carry remained unchanged year-on-year. Adjusted for currency effects, sales fell by 2%.