Metro Inc has posted its results for the fourth quarter and full-year of fiscal 2009, with adjusted net earnings for the 12 months to 26 September 2009 reaching a record C$359m, an increase of 27.8 per cent.

Sales for the year-long period jumped 4.4 per cent to hit C$11.2bn, the group said, while adjusted fully diluted net earnings per share rose 30.2 per cent to C$3.23 per share.

For the fourth quarter, Metro announced record adjusted net earnings of C$85.9m, up 18.5 per cent on 2008. Sales grew 2.3 per cent to reach C$2.5bn, with same-store sales up 2 per cent.

'We are proud to have posted record net earnings in every quarter of fiscal 2009,' said group president and CEO Eric La Fléche. 'I congratulate all our employees and retailers for their great work.'

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