METRO-RICHELIEU GAINING IN QUEBEC GROCERY MARKET

MONTREAL (FNS) -- Metro-Richelieu continues to chip away at the competition in the Quebec grocery market, recording sales growth of 6.8% for its fiscal year ended Sept. 26. Sales for the year climbed to $2.37 billion ($3.65 billion Canadian) from $2.22 billion, while fourth quarter sales increased by 8.5% to $561.6 million from $517.7 million. Profit for the year was $42.5 million versus $43 million.The

MONTREAL (FNS) -- Metro-Richelieu continues to chip away at the competition in the Quebec grocery market, recording sales growth of 6.8% for its fiscal year ended Sept. 26. Sales for the year climbed to $2.37 billion ($3.65 billion Canadian) from $2.22 billion, while fourth quarter sales increased by 8.5% to $561.6 million from $517.7 million. Profit for the year was $42.5 million versus $43 million.

The results include a previously announced pretax charge of $15.6 million to settle a

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