• FY26 total sales revenue: $19.6bn, up 0.7%
• FY26 total group EBIT: $503.7m, down 0.8%
• Strong cash performance and balance sheet flexibility
• Investment spend moderated with active management
• Dividend payout ratio: ~74% of underlying NPAT

Metcash Ltd presented its FY26 full year results, reporting a total sales revenue of $19.6 billion, up 0.7% from the previous year. The group's EBIT stood at $503.7 million, down 0.8%. The results were driven by resilient performance in Food and Liquor, improved sales momentum in Hardware & Tools, and strong cash performance through effective cost and working capital management. The company also highlighted its strong financial position, balance sheet flexibility, and disciplined capital management. Investment spend was moderated, and the balance sheet was maintained at a debt leverage ratio of 1.0x, at the low end of the target range. The company also announced a fully franked dividend of 18.0 cents per share, moderately above the target payout ratio.

FY27 net finance costs expected to be between $130m and $135m

Metcash Ltd expects to maintain its strong financial position and balance sheet flexibility, with disciplined capital management and continued investment in strategic growth opportunities.