Stock Track | Metcash Soars 5.47% Intraday on Positive Trading Update Showing Revenue Growth and Cost Savings Targets

Stock Track
05/11

Metcash Ltd's stock surged 5.47% during Monday's intraday trading session following the release of a comprehensive trading update.

The company reported preliminary group revenue growth of 0.7% for the fiscal year ending April 2026, or 3.8% when excluding tobacco sales. Metcash estimates group revenue at approximately AU$19.6 billion, with EBIT expected in the range of AU$501 million to AU$505 million. Underlying profit after tax is projected to be between AU$268 million and AU$270 million.

Investors responded positively to the company's announcement that there has been no material impact on FY26 earnings from increased freight or product costs. Additionally, Metcash revealed ongoing cost initiatives that are expected to yield at least AU$25 million in annualized savings in fiscal year 2027. The company also noted it has increased inventory levels as a precautionary measure despite not experiencing supply shortages related to the Middle East conflict.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10