German wholesale retailer Metro AG on Tuesday raised its full-year outlook on better-than-expected business since the easing of COVID-19 restrictions. The company now expects full-year sales to shrink by 0.5% to 3.5%, compared with an earlier guidance of a 3%-to-6% decline.
METRO AG / Key word(s): Forecast/Change in ForecastMETRO AG raises outlook for FY 2020/21 following strong development of Horeca business since ease of restrictions27-Jul-2021 / 19:22 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The Management Board of METRO AG (METRO) has decided to increase its outlook for sales and EBIT
India-based global information technology, consulting, and business process services company Wipro announced its commitment to invest $1 billion in cloud capabilities. This announcement comes amid a post-pandemic boom in adoption of cloud platforms by companies around the world.