Metcash Limited (AU:MTS) has released an update.
Metcash Limited has reported a resilient financial performance for FY24, with a modest revenue increase to $15.9 billion and an operational cashflow surge of 29.5%. Despite a challenging economic landscape, the company’s diversification and strong execution led to sustained earnings growth and robust pillar performance, particularly in the Food and Liquor segments, as well as the Hardware division. However, the group’s underlying profit after tax saw an 8.2% decline.
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