Metcash Expects Year-Over-Year Increase in Fiscal Year 2026 Revenue
MT Newswires Live
May 11
Metcash (ASX:MTS) expects fiscal year 2026 revenue of AU$19.6 billion, up 0.7% from the previous year, according to a Monday filing with the Australian bourse.
The company also expects fiscal year underlying profit after tax in the range of AU$268 million to AU$270 million.
Metcash said ongoing cost initiatives are expected to yield at least around AU$25 million of annualized savings in fiscal year 2027.
Additionally, the company has increased inventory levels as a precaution, even though it has not yet experienced any supply shortages due to the Middle East conflict.
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