Metcash expects to deliver underlying profit after tax of $268–270 million for the year ended 30 April 2026.

According to the wholesaler, this reflects resilience across the portfolio and continued disciplined execution in a challenging market environment.

“We have delivered a solid result supported by the resilience of our food and liquor businesses, our diversified portfolio and disciplined execution,” says Metcash Group CEO Doug Jones.

“Hardware and tools maintained share in a soft trade market, with improved second half sales momentum.

“We have taken further action to strengthen the business and position the Group for sustained performance.

“Cashflow remained strong, with cash realisation above guidance and leverage at the low end of our target range.”

Full results are scheduled for release on 22 June.