Metcash Limited Reports Steady Profit Growth Amid Strategic Moves
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2024
0mins
Source: Business Insider
Earnings Report Highlights: Metcash Limited reported a slight increase in net profit to $141.8 million for Q2 of the 2025 financial year, with sales revenue rising to $8,470.9 million, driven by growth in its food, hardware, and liquor segments.
Strategic Focus: The company is enhancing its distribution capabilities and technology through Project Horizon, while also optimizing operations by selling its interest in Dramet Holdings and extending agreements with partners like Drakes Supermarkets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
