Metcash stock trades at EUR 1.79 as FY27 sales rise

Published on 09/30/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Metcash posted 2.8 percent sales growth excluding tobacco in the first 18 weeks of FY27 on September 9, 2026. FY26 revenue reached AUD 19.6 billion, while JPMorgan listed an AUD 3.20 target.

Metcash, AU000000MTS0, Illustration mit AI erstellt.

Metcash stock (ISIN AU000000MTS0) was trading at EUR 1.79 at Lang & Schwarz on September 30, 2026 at 10:57 p.m. CEST, up 0.56 percent from the EUR 1.78 prior close. The latest operating signal is a 2.8 percent rise in group sales excluding tobacco during the first 18 weeks of fiscal year 2027, reported on September 9, 2026.

FY27 sales gain excludes tobacco

Ausbiz Capital reported that group sales increased 3.5 percent including tobacco in the first 18 weeks of FY27. Food sales excluding tobacco rose 2.6 percent, Liquor sales gained 0.8 percent and Total Tools and Hardware sales increased 6.0 percent.

The trading update also put the impact of the tobacco excise change at AUD 10.0 million for FY27, weighted toward the first half. Metcash expects its New Zealand wholesale liquor business to be wound down, with an earnings impact of AUD 2.0 million excluding redundancies.

FY26 cash flow supports the base

The Quartr summary of Metcash's September 10, 2026 AGM said FY26 group revenue reached AUD 19.6 billion, up 0.7 percent. EBIT was AUD 503.7 million, up 1.6 percent excluding strategy and integration costs, while operating cash flow reached AUD 558.0 million.

Underlying profit after tax was AUD 268.8 million, compared with reported profit after tax of AUD 279.1 million. Underlying earnings per share stood at AUD 0.245, and total fully franked dividends were AUD 0.18 per share.

JPMorgan keeps a cautious target

Investing.com listed JPMorgan at Hold with an AUD 3.20 price target on September 10, 2026, versus an AUD 3.30 target in its preceding entry. The same page showed seven Buy ratings and five Hold ratings among 12 analysts.

That contrast frames the stock's next checkpoint: operational growth is visible, but tobacco normalization and cost inflation are weighing on the earnings mix. The company identifies Food, Liquor, and Hardware as its three operating divisions.

Metcash stock trades after the update

Metcash stock was trading at EUR 1.79 at Lang & Schwarz on September 30, 2026 at 10:57 p.m. CEST, plus 0.56 percent versus the EUR 1.78 prior close. The primary listing is Metcash's ASX quotation in Australian dollars, while the euro quote is the relevant reference for this article.