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Metcash Limited ( (AU:MTS) ) just unveiled an update.
Metcash Limited reported a slight increase in sales revenue for the first half of the 2026 financial year, with a 0.1% rise to $8.5 billion. Despite this, the company faced challenges with a 5.9% decrease in underlying profit after tax, attributed to lower earnings in its Liquor and Hardware segments, increased finance costs, and higher depreciation and amortization expenses. The Food segment showed resilience, contributing positively to earnings, while the Liquor and Hardware segments experienced margin pressures and strategic cost impacts. The statutory profit after tax saw a marginal increase of 0.3%, reflecting valuation adjustments and implementation costs.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.35 price target. To see the full list of analyst forecasts on Metcash Limited stock, see the AU:MTS Stock Forecast page.
More about Metcash Limited
Metcash Limited is a company operating in the wholesale distribution industry, primarily focusing on the supply of food, liquor, and hardware products to independent retailers across Australia. The company supports local businesses and aims to provide a competitive edge through its diverse range of products and services.
YTD Price Performance: 22.27%
Average Trading Volume: 3,268,147
Technical Sentiment Signal: Buy
Current Market Cap: A$4.07B
Find detailed analytics on MTS stock on TipRanks’ Stock Analysis page.