June 22 (Reuters) - Metcash Ltd (MTS) :
- FY GROUP REVENUE UP 2.9% TO $13.0BN
- DETERMINED TO PAY A FINAL DIVIDEND FOR FY20 OF 6.5 CENTS PER SHARE
- IN FOOD PILLAR, TOTAL FOOD SALES IN FIRST SEVEN WEEKS OF FY21 UP 9.3%
- IN LIQUOR, SALES FOR FIRST SEVEN WEEKS OF FY21 INCREASED 5.5%
- FY NET LOSS ATTRIBUTABLE $56.8 MILLION VERSUS PROFIT OF $192.8 MILLION
- IN HARDWARE, SALES FOR FIRST SEVEN WEEKS OF FY21 HAVE INCREASED 9.4%
- FURTHER WEAKNESS IN TRADE SECTOR IS LIKELY FROM SECOND HALF OF FY21
- EARNINGS BENEFIT FROM INCREASE IN FOOD PILLAR SALES IN FIRST 7 WEEKS OF FY21 MARGINALLY OFFSET BY HIGHER COSTS TO SERVICE ELEVATED DEMAND
- NET CASH POSITION AS AT 30 APRIL OF $86.7 MILLION
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