Metcash (ASX:MTS) has released its financial results for the full year ended 30 April 2023, highlighting a record year with continued strong growth.
The food, liquor, and hardware company said all pillars performed well, supported by ongoing strong demand and the success of strategic initiatives, with group revenue increased 6.2% to $15.8B.
It also reported a Group underlying EBIT up 8.1% to $500.8M, and an underlying profit after tax up 4.6% to $307.5M.
Metcash added that three year growth rates have been outstanding, with earnings per share up 46%, returning around $800M to shareholders, which included an 80% increase in dividends over the period.