Tag: Doug Jones

Metcash releases FY24 Annual Report

Releasing the Metcash FY2024 Annual Report, Metcash Group CEO Doug Jones said, “Our strategy has been in place for some time now and has resulted in a portfolio and a platform that...

Metcash releases full year results

Metcash's 2024 Full Year Results report that the company’s revenue increased 0.7% to $15.9 billion, and including charge through sales, increased 0.7% to $18.2 billion. “I am pleased to report that the company...

Metcash completes Superior Food acquisition

Metcash has announced the completion of its acquisition of Superior Food. This follows the company’s announcement in February that it had entered into a binding agreement to acquire the “strategically aligned” Superior Food...

Metcash’s acquisition of Superior Food not opposed

The ACCC will not oppose Metcash’s proposed acquisition of wholesale food distributor Superior Food Services. The competition regulator’s review focused on: How closely Metcash and Superior compete in the wholesale supply of food...

Metcash to acquire Superior Food and two hardware businesses

Metcash has entered into binding agreements to acquire three “strategically aligned” businesses. The company plans to buy Superior Food (for up to $412.3 million), Bianco Construction Supplies (for $82.2 million), and Alpine Truss...

Metcash reports 1.6% sales increase to $9B in FY24 half year results

Metcash Group reported revenue, which excludes charge-through sales, increased 1.3% to $7.8bn (1H23: $7.7bn). Including charge-through sales, Group revenue increased 1.6% to $9.0bn (1H23: $8.9bn) with growth in all pillars on their...

Metcash appoints Group CFO

Metcash has appointed 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...

Metcash reports strong growth in FY23 full year results

Metcash Group revenue, which excludes charge-through sales, increased 6.2% to $15.8bn (FY22: $14.9bn). Including charge-through sales, Group revenue increased 5.7% to $18.1bn (FY22: $17.1bn), with growth in each pillar building on the strong...
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