Annuncio • Feb 05
Metcash Limited to Report First Half, 2027 Results on Dec 07, 2026 Metcash Limited announced that they will report first half, 2027 results on Dec 07, 2026 Annuncio • Jan 27
Metcash Limited Announces Change of Chief Executive Officer of Foodservice & Convenience Business, Effective 2 March 2026 Metcash Limited announced the appointment of Bruce Sabatta as Chief Executive Officer of its Foodservice & Convenience business, effective 2 March 2026. Mr. Sabatta is a highly experienced executive with a career spanning more than 30 years across foodservice, food manufacturing, agriculture, commodities, retail and FMCG brands. More recently he spent six years as Chief Operating Officer at Primo Foods (owned by JBS) where he oversaw their transformation into a scaled ~$1.3 billion revenue operation including substantial earnings growth. Mr. Sabatta succeeds Superior Foods founder Craig Phillips, who will transition into an advisory role. Annuncio • Dec 01
Metcash Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended October 31, 2025, Payable on 28 January 2026 Metcash Limited announced ordinary fully paid dividend of AUD 0.08500000 for the period of six months ended October 31, 2025, with a record date of 15 December 2025, ex date is 12 December 2025 and payable in cash on 28 January 2026.
. Annuncio • Oct 13
Metcash Limited to Report Fiscal Year 2026 Results on Jun 22, 2026 Metcash Limited announced that they will report fiscal year 2026 results on Jun 22, 2026 Annuncio • Jun 25
Metcash Limited Announces Final Dividend , Payable on August 27, 2025 Metcash Limited determined to pay a final dividend of 9.5 cents per share, bringing total dividends for the year to 18.0 cents per share, fully franked, slightly higher than the Company's annual target payout ratio of ~70% of underlying profit after tax. The record date is 16 July 2025, and payment will be made on 27 August 2025. The last day for shareholders to notify their participation in the DRP is 17 July 2025. The pricing period is
from 21 July to 1 August 2025. Metcash will announce the DRP price on 4 August 2025, with shares issued on 27 August 2025. Annuncio • Jun 04
Metcash Limited, Annual General Meeting, Sep 10, 2025 Metcash Limited, Annual General Meeting, Sep 10, 2025. Annuncio • Feb 11
Metcash Limited to Report First Half, 2026 Results on Dec 01, 2025 Metcash Limited announced that they will report first half, 2026 results on Dec 01, 2025 Annuncio • Dec 19
Metcash Limited Appoints Marina Go as Non-Executive Director, Effective 1 February 2025 Metcash Limited announced the appointment of Marina Go as a Non-Executive Director of the Company, effective 1 February 2025. Marina is a highly experienced director of ASX-listed companies and brings a strong customer focus and understanding of independent retailing, as well as a background in digital strategy. Marina is currently a director of the ASX-listed Transurban Group, Southern Cross Austereo and Adore Beauty. She is also a director of a number of non-listed organisations, including the Australian Institute of Company Directors and the National Foundation for Australia-China Relations. Her many prior directorships include six years with the convenience and petrol retailer, 7-Eleven. Marina's executive career spans more than 25 years in the media industry, culminating in her role as General Manager of Hearst-Bauer Media, publisher of Harper's Bazaar, Elle and Cosmopolitan. Prior to
this she held the position of Chief Executive Officer of Private Media, Australia's leading independent digital publisher. Annuncio • Nov 28
Metcash Limited Announces Appointment of David Whittle as Non-Executive Director Metcash Limited announced the appointment of David Whittle as a Non-Executive Director of the Company. David is an experienced ASX board director and has a distinguished background in brand, data technology, omni-channel retail and digital transformation experience. He is a founder and former Chief Executive Officer of Lexer. David's executive career spans over 20 years, including 10 years with global advertising group M&C Saatchi in local and international leadership roles, culminating in three years as Managing Director in Australia. Among other achievements, he established, led and grew M&C Saatchi's digital business throughout Asia Pacific and the USA. He is currently a Non-Executive Director of Myer Holdings Limited and Michael Hill International Limited,
and previously held a number of directorships in not-for-profit organisations. The Company plans to appoint another Non-Executive Director and is well progressed with this process. Annuncio • Oct 29
Drake Supermarkets Pty. Ltd. acquired remaining 26% stake in Dramet Holdings Pty. Ltd. from Metcash Limited (ASX:MTS) for AUD 18 million. Drake Supermarkets Pty. Ltd. acquired remaining 26% stake in Dramet Holdings Pty. Ltd. from Metcash Limited (ASX:MTS) for AUD 18 million on October 28, 2024. A cash consideration of AUD 18 million will be paid by Drake Supermarkets Pty. Ltd. As part of consideration, AUD 18 million is paid towards common equity of Dramet Holdings Pty. Ltd. Post transaction Drake Supermarkets Pty. Ltd. holds 100% stake in Dramet Holdings Pty. Ltd.
Drake Supermarkets Pty. Ltd. completed the acquisition of remaining 26% stake in Dramet Holdings Pty. Ltd. from Metcash Limited (ASX:MTS) on October 28, 2024. Annuncio • Sep 11
Metcash Limited to Report Fiscal Year 2025 Results on Jun 23, 2025 Metcash Limited announced that they will report fiscal year 2025 results on Jun 23, 2025 Upcoming Dividend • Jul 12
Upcoming dividend of AU$0.085 per share Eligible shareholders must have bought the stock before 16 July 2024. Payment date: 27 August 2024. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%). Declared Dividend • Jun 27
Final dividend of AU$0.085 announced Shareholders will receive a dividend of AU$0.085. Ex-date: 16th July 2024 Payment date: 27th August 2024 Dividend yield will be 6.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: AU$0.26 (vs AU$0.27 in FY 2023) Full year 2024 results: EPS: AU$0.26 (down from AU$0.27 in FY 2023). Revenue: AU$15.9b (flat on FY 2023). Net income: AU$257.2m (flat on FY 2023). Profit margin: 1.6% (in line with FY 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annuncio • Jun 05
Metcash Limited (ASX:MTS) acquired Superior Food Group Pty Ltd for approximately AUD 410 million. Metcash Limited (ASX:MTS) entered into binding agreement to acquire Superior Food Group Pty Ltd from Quadrant Private Equity Pty Limited and shareholders of Superior Food Group Pty Ltd for approximately AUD 410 million on February 5, 2024. Under the terms of agreement, Metcash will pay upfront consideration of AUD 390 million and an earn-out payment of up to AUD 22.3 million based on Superior Food’s EBITDA for the year ending June 30, 2024 subject to certain other customary purchase price adjustments. Funding of the acquisitions and transaction costs will be through a combination of fully underwritten AUD 300 million Placement and AUD 278 million from existing cash reserves and existing available debt facilities. The transaction is subject to ACCC clearance, and completion is expected to occur in the first quarter of FY25. The deal has been approved by Australian competition & consumer commission. Charles Coorey of Gilbert and Tobin acted as legal advisor to Quadrant Private Equity Pty Limited and shareholders of Superior Food Group Pty Ltd. Metcash Limited (ASX:MTS) completed the acquisition of Superior Food Group Pty Ltd from Quadrant Private Equity Pty Limited and shareholders of Superior Food Group Pty Ltd on June 3, 2024. New Risk • Feb 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (11% increase in shares outstanding). Annuncio • Feb 05
Metcash Limited has filed a Follow-on Equity Offering in the amount of AUD 25 million. Metcash Limited has filed a Follow-on Equity Offering in the amount of AUD 25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,462,687
Price\Range: AUD 3.35 Annuncio • Jan 08
Metcash Limited Appoints Kylie Wallbridge as CEO of the Liquor Pillar Metcash Limited announced that Kylie Wallbridge has been appointed CEO of the Liquor pillar. Kylie is a very experienced executive with deep knowledge and understanding of the Australian and global liquor industries. She has more than 25 years of commercial, brand and marketing experience and is currently Managing Director at Diageo in the United Kingdom where she was responsible for the global Rare spirits, Private Client, Wine and Scottish tourism and retail businesses. Kylie also previously held the position of Managing Director of Diageo in Japan. In addition to Diageo, Kylie has worked for multinational liquor organizations and brands including Heineken for thirteen years and Lion for seven years, in several senior roles across Africa, Asia and Australia. The announcement of Kylie's appointment follows the earlier retirement of Chris Baddock as CEO of the Liquor pillar due to health reasons. Kylie will take over from Acting Liquor CEO, John Barakat in March 2024. Upcoming Dividend • Dec 07
Upcoming dividend of AU$0.11 per share at 6.3% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 30 January 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (4.2%). Reported Earnings • Dec 06
First half 2024 earnings released: EPS: AU$0.14 (vs AU$0.13 in 1H 2023) First half 2024 results: EPS: AU$0.14 (up from AU$0.13 in 1H 2023). Revenue: AU$7.84b (up 1.3% from 1H 2023). Net income: AU$141.0m (up 12% from 1H 2023). Profit margin: 1.8% (up from 1.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Dec 05
Metcash Limited Announces an Ordinary Fully Paid Dividend for the Period of Six Months Ended October 31, 2023, Payable on January 30, 2024 On 4 December 2023, Metcash Limited announced ordinary fully paid dividend for the period of six months ended October 31, 2023 of AUD 0.11000000, with a record date of 15 December 2022, ex date is 14 December 2023 and payable in cash on 30 January 2024. Annuncio • Oct 23
Metcash Limited, Annual General Meeting, Sep 13, 2024 Metcash Limited, Annual General Meeting, Sep 13, 2024. Annuncio • Sep 14
Metcash Limited to Report Fiscal Year 2024 Results on Jun 24, 2024 Metcash Limited announced that they will report fiscal year 2024 results on Jun 24, 2024 Annuncio • Jul 25
Metcash Limited Announces CFO Changes Metcash announced the appointment of Deepa Sita to succeed Alistair Bell as Group Chief Financial Officer. Mr. Bell had earlier advised the Board of his intention to retire from the role. Ms Sita has extensive finance and industry experience spanning over 20 years and is currently Chief Financial Officer of the largest FMCG company in Africa, Tiger Consumer Brands Limited. In addition to finance, Ms Sita has significant senior leadership experience across strategy, mergers and acquisitions, digital, information technology and integration. Prior to Tiger Consumer Brands, Ms Sita held senior leadership roles with Walmart's South Africa- based subsidiary Massmart. These included Interim CEO of Masscash, Finance and Commercial Director of Masswarehouse, Chief Strategy and Integration Officer of Massmart Wholesale and CFO of Makro SA, all divisions of Massmart. She also held senior finance roles with Mondelz International and Samsung Electronics South Africa. Ms Sita is currently a non-executive director of Datatec Limited in South Africa. Ms Sita has received many recognition awards for excellence and outstanding performance during her career and, most recently, was named the 2022 winner of South Africa's CFO of the year awards in the Finance and Technology, and Compliance and Governance categories. Ms Sita will join Metcash in January 2024. Mr. Bell has kindly agreed to stay on until the end of February to assist Ms Sita with her transition into the Group CFO role. As noted in Metcash's earlier release, Mr. Bell has been integral to helping oversee the growth of Metcash over the last three years. Upcoming Dividend • Jul 11
Upcoming dividend of AU$0.11 per share at 6.1% yield Eligible shareholders must have bought the stock before 18 July 2023. Payment date: 21 August 2023. Payout ratio and cash payout ratio are on the higher end at 84% and 98% respectively. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.3%). New Risk • Jun 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Large one-off items impacting financial results. Reported Earnings • Jun 29
Full year 2023 earnings released: EPS: AU$0.27 (vs AU$0.25 in FY 2022) Full year 2023 results: EPS: AU$0.27 (up from AU$0.25 in FY 2022). Revenue: AU$15.8b (up 4.2% from FY 2022). Net income: AU$259.0m (up 5.5% from FY 2022). Profit margin: 1.6% (in line with FY 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buying Opportunity • May 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be €2.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is also forecast to grow by 6.4% per annum over the same time period. Buying Opportunity • Apr 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €2.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is also forecast to grow by 6.4% per annum over the same time period. Recent Insider Transactions • Apr 05
Independent Non-Executive Chairman recently bought €176k worth of stock On the 31st of March, Peter Birtles bought around 73k shares on-market at roughly €2.41 per share. This transaction increased Peter's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Buying Opportunity • Mar 31
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.8%. The fair value is estimated to be €3.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Recent Insider Transactions • Mar 28
Independent Non Executive Director recently bought €58k worth of stock On the 24th of March, Christine Holman bought around 25k shares on-market at roughly €2.33 per share. This transaction amounted to 83% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €100k more in shares than they have sold in the last 12 months. Buying Opportunity • Mar 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €3.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Annuncio • Jan 30
Metcash Limited Announces Resignation of Scott Marshall, CEO of the Food Pillar Metcash announced that Scott Marshall, CEO of the Food Pillar, has tendered his resignation to pursue another career opportunity. Scott has been with Metcash for more than 30 years and has held several senior management positions, including CEO of the Food pillar for the past five years, and CEO of the Liquor pillar. Having supported the appointment and successful transition of the Company's new Group CEO last year, and with the business well positioned for the future, Scott advised that it is the right time for him to pursue career and personal growth opportunities beyond Metcash. Buying Opportunity • Jan 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.9%. The fair value is estimated to be €3.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 7.0% per annum over the same time period. Buying Opportunity • Dec 14
Now 20% undervalued Over the last 90 days, the stock is up 1.5%. The fair value is estimated to be €3.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings is also forecast to grow by 6.8% per annum over the same time period. Upcoming Dividend • Dec 13
Upcoming dividend of AU$0.12 per share Eligible shareholders must have bought the stock before 20 December 2022. Payment date: 30 January 2023. Payout ratio is on the higher end at 90%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (4.7%). Reported Earnings • Dec 05
First half 2023 earnings released: EPS: AU$0.13 (vs AU$0.13 in 1H 2022) First half 2023 results: EPS: AU$0.13. Revenue: AU$7.74b (up 8.2% from 1H 2022). Net income: AU$125.7m (down 2.4% from 1H 2022). Profit margin: 1.6% (down from 1.8% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Upcoming Dividend • Jul 05
Upcoming dividend of AU$0.11 per share Eligible shareholders must have bought the stock before 12 July 2022. Payment date: 10 August 2022. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.6%). Reported Earnings • Jun 27
Full year 2022 earnings released: EPS: AU$0.25 (vs AU$0.23 in FY 2021) Full year 2022 results: EPS: AU$0.25 (up from AU$0.23 in FY 2021). Revenue: AU$15.2b (up 5.9% from FY 2021). Net income: AU$245.4m (up 2.7% from FY 2021). Profit margin: 1.6% (down from 1.7% in FY 2021). Over the next year, revenue is forecast to stay flat compared to a 7.3% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 14
Upcoming dividend of AU$0.10 per share Eligible shareholders must have bought the stock before 21 December 2021. Payment date: 28 January 2022. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (3.7%). Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 15% share price gain to €2.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Consumer Retailing industry in Europe. Total returns to shareholders of 121% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.04 per share. Reported Earnings • Dec 08
First half 2022 earnings: EPS in line with expectations, revenues disappoint First half 2022 results: EPS: AU$0.13 (up from AU$0.12 in 1H 2021). Revenue: AU$7.15b (up 1.3% from 1H 2021). Net income: AU$128.8m (up 3.0% from 1H 2021). Profit margin: 1.8% (in line with 1H 2021). Revenue missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 5.3%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Executive Departure • Jul 13
Independent Non-Executive Director Tonianne Dwyer has left the company On the 30th of June, Tonianne Dwyer's tenure as Independent Non-Executive Director ended after 7.0 years in the role. We don't have any record of a personal shareholding under Tonianne's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years. Reported Earnings • Jul 01
Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.062 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$14.3b (up 9.9% from FY 2020). Net income: AU$239.0m (up AU$295.8m from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 08
Insider recently bought €128k worth of stock On the 5th of May, Margaret Haseltine bought around 58k shares on-market at roughly €2.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €251k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Mar 10
New 90-day high: €2.32 The company is up 9.0% from its price of €2.12 on 10 December 2020. The German market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Retailing industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.97 per share. Is New 90 Day High Low • Feb 09
New 90-day high: €2.26 The company is up 25% from its price of €1.81 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.97 per share. Is New 90 Day High Low • Jan 22
New 90-day high: €2.22 The company is up 19% from its price of €1.87 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.92 per share. Recent Insider Transactions • Dec 17
Non Executive Director recently bought €66k worth of stock On the 15th of December, Christine Holman bought around 30k shares on-market at roughly €2.20 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €91k more in shares than they have sold in the last 12 months. Reported Earnings • Dec 09
First half 2021 earnings released: EPS AU$0.12 The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$7.06b (up 12% from 1H 2020). Net income: AU$125.1m (up AU$276.7m from 1H 2020). Profit margin: 1.8% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Dec 09
Revenue beats expectations Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 2.4%, compared to a 1.6% growth forecast for the Consumer Retailing industry in Germany. Is New 90 Day High Low • Dec 05
New 90-day high: €1.96 The company is up 9.0% from its price of €1.79 on 04 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.16 per share. Is New 90 Day High Low • Nov 05
New 90-day high: €1.88 The company is up 9.0% from its price of €1.73 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.18 per share. Is New 90 Day High Low • Oct 19
New 90-day high: €1.85 The company is up 10.0% from its price of €1.68 on 21 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.14 per share. 
