Why did Metcash (ASX:MTS) revenue increase for the 2026 financial year?

Metcash (ASX:MTS) grew its group revenue by 0.7% to $19.6 billion due to momentum in its underlying business. When excluding the structural decline in tobacco sales, the underlying revenue growth for Metcash was 3.8%.

What are the main earnings figures for Metcash (ASX:MTS) in FY26?

Metcash (ASX:MTS) recorded a 1.9% increase in group earnings before interest, tax, depreciation, and amortisation to $761.7 million. However, underlying earnings before interest and tax for Metcash declined by 0.8% to $503.7 million.

How did integration and strategy costs impact Metcash (ASX:MTS)?

Metcash (ASX:MTS) incurred one-off integration and strategy costs that contributed to a 0.8% decline in its underlying earnings before interest and tax. Excluding these specific one-off costs, the underlying earnings for Metcash would have risen by 1.6%.

What does the cash flow performance mean for Metcash (ASX:MTS) shareholders?

Metcash (ASX:MTS) increased its operating cash flow by 3.5% to $558 million, which supported the capital allocation strategy. This cash performance allowed Metcash to declare a fully franked final dividend of 18 cents per share.

How is Metcash (ASX:MTS) managing its business under challenging market conditions?

Metcash (ASX:MTS) is executing a platform strategy focused on capital expenditure reductions to maintain its stable financial position. The company stated that these measures helped keep its debt leverage ratio at 1.0x, which sits at the low end of the target range for Metcash.

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Metcash headline revenue rises to $19.6B

Written by Liezl GambePublished Jun 22, 2026, 12:29 AM

Metcash reported a 0.7% increase in group revenue to $19.6 billion for the 2026 financial year.
Group EBITDA increased by 1.9% to $761.7 million, while operating cash flow rose 3.5%.
The company focused on capital expenditure reductions and platform strategy execution amid challenging market conditions.

Wholesale distributor Metcash (ASX:MTS) reported a 0.7% revenue increase to $19.6 billion.

The headline revenue growth compares to a stronger 3.8% increase when excluding the structural decline in tobacco sales.

Group earnings before interest, tax, depreciation, and amortisation rose 1.9% to $761.7 million during the period.

Underlying earnings before interest and tax declined by 0.8% to $503.7 million due to one-off integration costs.

Following the announcement, the Metcash share price was unchanged at $3.20.

The company stated that its platform strategy and reduced capital expenditure helped maintain a strong financial position.

Operating cash flow grew 3.5% to $558 million while the company declared an 18-cent dividend.

Metcash headline revenue rises to $19.6B

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