METRO PROFIT RISES 65% IN 2ND QUARTER

MONTREAL -- Metro-Richelieu here said net income rose 65.1% to $5.1 million (Canadian $7.1 million) in the second quarter ended March 12. Sales increased 2.9% for the quarter to $460 million.by expenses related to the sale of the grocery distribution center's transportation division.Pierre H. Lessard, president and chief executive officer, said Metro continues to consolidate its competitive position

MONTREAL -- Metro-Richelieu here said net income rose 65.1% to $5.1 million (Canadian $7.1 million) in the second quarter ended March 12. Sales increased 2.9% for the quarter to $460 million.

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