tiprankstipranks
Metcash Limited Sees Strong Sales Growth in FY25
Company Announcements

Metcash Limited Sees Strong Sales Growth in FY25

Metcash Limited (AU:MTS) has released an update.

Pick the best stocks and maximize your portfolio:

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.

For further insights into AU:MTS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskUbique Asset Management Acquires Significant Stake in Metcash
Ryan AdistMetcash Limited (MCSHF) Declares Q1 Dividend: Important Details for Shareholders
TipRanks Australian Auto-Generated NewsdeskMetcash Director Increases Stake with New Share Purchase
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App