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Metcash Provides Update with Regards to Trading Update in AGM

26 Aug 2020  |  08:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Metcash 2020 Annual General Meeting and Trading Update

Metcash provided update with regards to trading update in AGM. Group underlying EBIT, pre the impact of the new accounting standard AASB16, was $324.2m and Group underlying profit after tax, also pre the impact of AASB16, was broadly in line with the prior year at $209.7m. Group revenue increased 2.9% to $13.0bn and, including charge through sales, was up 2.0% to $14.9bn.

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