METRO SEES INCREASED SYNERGIES FROM A&P INTEGRATION

MONTREAL - Metro here said it expects to achieve nearly 30% more in synergies this year from its acquisition of A&P Canada last summer than it originally forecast.Most of the additional savings are coming from a reduction in procurement costs from all suppliers, plus administrative cost reductions and a store rationalization program that's starting to be implemented, Eric La Fleche, executive vice

MONTREAL - Metro here said it expects to achieve nearly 30% more in synergies this year from its acquisition of A&P Canada last summer than it originally forecast.

Most of the additional savings are coming from a reduction in procurement costs from all suppliers, plus administrative cost reductions and a store rationalization program that's starting to be implemented, Eric La Fleche, executive vice president and chief operating officer, told industry analysts during a conference c

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