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Metcash Limited ( (AU:MTS) ) has issued an announcement.
Metcash Limited reported its financial results for the first half of FY26, highlighting solid performance driven by strategic and operational discipline. The company saw sales growth across all sectors except tobacco, with liquor outperforming the market and hardware showing signs of improvement. Despite a slight decrease in Group EBIT, Metcash achieved a 2% increase in Group EBITDA and a 0.3% rise in reported profit after tax. The company also demonstrated strong cash generation, enhancing its balance sheet flexibility, and continued progress in its ESG initiatives.
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 operates in the wholesale and distribution industry, focusing on providing food, liquor, and hardware products. The company supports independent retailers across Australia, helping them compete with larger chains by supplying a 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
For a thorough assessment of MTS stock, go to TipRanks’ Stock Analysis page.