Metcash has released its financial results for the year ended 30 April 2025, with Group revenue increasing 8.9% to $17.3 billion.

Commenting on the company’s results, Metcash Group CEO Doug Jones says the business “again performed well supported by the successful execution of our strategy and disciplined operational performance”.

“The increased diversification and resilience of the Group was a key driver of sales and earnings growth in the face of challenging conditions in all pillars, particularly in the hardware pillar where trade activity remained subdued,” he says.   

“The quality and competitiveness of the independents’ differentiated offer continues to resonate with shoppers, and this again helped underpin sales growth in all pillars.”

Food  

Food sales (including charge-through and excluding tobacco) increased 20.8% to $8.8 billion, reflecting growth in both supermarkets and Campbells & Convenience, and the inclusion of Superior Foods from 3 June 2024. 

Including tobacco, total food sales increased 11.1% to $10.6 billion.   

In supermarkets, Metcash says the quality and competitiveness of the independents’ offer continues to resonate in a “value conscious and highly competitive” environment.

Wholesale sales (excluding tobacco) increased 3.2%, reflecting sustained volume growth and a low level of inflation.

The IGA network continued to perform well, according to Metcash, with retail like-for-like increasing 2.7% (ex-tobacco). There were 22 new IGA stores in the year, including nine core (medium to large) format stores. 

Campbells & Convenience delivered strong sales growth of 6% (excluding tobacco). The acceleration in growth, says Metcash, was underpinned by a renewed growth strategy that has resulted in the business being established as the leading supplier in the sector, supplying all major petrol and convenience operations. 

There was also strong growth in Superior Foods with sales increasing 4.6% to $1.26 billion. 

Liquor

Liquor sales increased 3.4% to $5.3 billion with growth accelerating in the second half. Metcash says this was underpinned by continued shopper preference for the convenience and quality of the independents’ differentiated offer.

Wholesale sales to independent retail and contract customers increased 3.8%, while on-premise sales returned to growth in the second half. 

There was strong growth across all major IBA brands including Cellarbrations, The Bottle-O, IGA Liquor and Porters, led by the beer category.