Company News Summary | 01 Sep 2021

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Metcash Provides 2021 AGM and Trading Update

09:54:00 | Associate analysts

Original annuncemenet:Metcash 2021 Annual General Meeting and Trading Update

Metcash provided 2021 AGM and trading update. It reported Group revenue, including charge-through sales, increased 10% to a record $16.4bn, with growth in all Pillars. Group EBIT increased 20% to $401.4m and underlying profit after tax was 27% higher at $252.7m. This represents a 13% increase in underlying EPS to 24.7c. Board fees increased 5% in FY 2021 and remain below medians at between 81% and 99% of peer group benchmarks.

This report appeared on 2021 Morningstar Australasia Pty Limited

© Copyright 2021 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.