ASX:MTSConsumer Retailing
Can Metcash’s (ASX:MTS) Steady Dividend Offset Tobacco-Driven Earnings Pressure?
Metcash Limited has reported half-year results to 31 October 2025 showing essentially flat group sales at A$8,477.5 million and net profit of A$142.2 million, while declaring a fully franked interim dividend of A$0.085 per share.
Beneath the headline stability, a sharp fall in tobacco sales following July’s regulatory changes is reshaping the mix of Metcash’s wholesale earnings and testing the resilience of its core food, liquor and hardware businesses.
We’ll now examine how the tobacco-led...