.
In an effort to strengthen its balance sheet Metcash Limited (ASX:MTS) will raise $325 million geared towards acquisitions and capital expenditure.
The grocery wholesaler says it will acquire 75.1 per cent of the Automotive Brands Group for $53.8 million and expects to be earnings per share accretive in full year 2013.
Reporting its full year results, Metcash’s net profit fell 63 per cent to $ 90 million due to restructuring costs and asset writedowns .
Metcash’s chief says the company was pleased to announce a full-year result that meets its guidance, despite tough trading conditions.
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Last
$3.95 |
Change
0.035(0.90%) |
Mkt cap ! $4.297B | |||
| Open | High | Low | Value | Volume |
| $3.92 | $3.95 | $3.92 | $1.385M | 380.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 10539 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 14389 | 18 |
View Market Depth
| Last trade - 10.21am 19/09/2025 (20 minute delay) ? |
| MTS (ASX) Chart |