June 26 (Reuters) - Australia's Metcash Ltd (MTS) reported a 21 percent fall in full year profit on Monday owing to a one-off cost associated with the acquisition of the Home Timber & Hardware business, and said Chief Executive Ian Morrice would retire in 2018.
For the year ended 30 April, 2017, Metcash reported a profit after tax of A$171.9 million ($130.0 million), compared with A$216.5 million a year earlier.
The company said its underlying profit after tax rose 9.3 percent to A$194.8 million. It decided to bring forward the recommencement of dividends and announced a fully franked final dividend of 4.5 cents per share. ($1 = 1.3222 Australian dollars)
News: Australia's Metcash FY profit slumps 21 pct; CEO to step down
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Last
$3.92 |
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Mkt cap ! $4.308B | |||
| Open | High | Low | Value | Volume |
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