Losses decrease for international newspaper Metro

International free newspaper group Metro again reported a loss in the first quarter of 2008. Sales were down 3.1 per cent to E69 million and the operating loss was E5.6 million, compared with E8.8 million in the same period a year before.

Metro is published in 150 cities across the world and claims 20 million readers a day.

It reported especially difficult market conditions in Spain, Denmark and the US.

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