Metcash Limited (AU:MTS) has released an update.
Metcash Limited has reported robust sales growth across its Food, Liquor, and Hardware segments for the first half of FY25, with Group sales up by 6.3%. The company’s strategic acquisitions have contributed positively, particularly in the Food sector, where sales excluding tobacco rose by 18.5%. Despite challenges in the hardware market, Metcash is implementing cost management initiatives to maintain momentum, estimating a Group Underlying Net Profit After Tax between $132 – $135 million.
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