Metcash lifts profit as independents gain ground

'Outperforming' Metcash books profits lift – even as illegal tobacco rocks sales

Metcash (ASX:MTS) has continued its growth trajectory with its latest results, booking an 8.9% lift in annual sales, to $17.3 billion, alongside a 10% increase in net profit to $283 million for the year ending April 30. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. “Increased diversification and resilience of the group was a key driver of …

Metcash Outlook: Tobacco Sales vs Rate Cuts

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Greg Peel Metcash's FY25 result was solid, showing reliance in Food & Liquor. Signs are positive for a recovery in Hardware, but rate cuts are key.-Metcash FY25 earnings at top end of guidance-Food & Liquor solid, despite declining tobacco sales-Hardware set to improve on RBA rate cuts-Visibility o…

Growth for Metcash across the business

Metcash has released its financial results for the year ended 30 April 2025, with Group revenue increasing 8.9% to $17.3 billion. Commenting on the company’s results, Metcash Group CEO Doug Jones says the business “again performed well supported by the successful execution of our strategy and disciplined operational performance”. “The increased diversification and resilience of the Group was a key driver of sales and earnings growth in the face …

Metcash lifts profit as independents gain ground

The wholesaler behind IGA posted a 10 per cent profit increase, with strong food sales offsetting pressure from subdued hardware and liquor earnings.