Passionate about independents A favourite place to work
Business partner of choice Support thriving communities Creating a sustainable future
Our values
We believe: Independence is worth fighting for; in treating our people, retailers and suppliers the way we like
to be treated; and in giving back to the communities where we live and work
1
only
GROUP OVERVIEW AND
use
DIVISIONAL RESULTS
ersonal
Jeff Adams
Group Chief Executive Officer
FY20 Full YearResults
2
FY22 Half Year Results
Group highlights
Revenue and earnings growth building on a very strong prior comparative period
only
• All pillars continue to benefit from shift in
Group revenue1
Underlying EPS
consumer behaviour
1.5% to $8.2bn
15% to 14.6c per share
• Strong Group leverage with revenue up 1.5%
use
(+14.0% 2 yrs)
and EBIT up 13.9%
Group EBIT
Interim Dividend
• Strategic acquisitions delivering material
13.9% to $231.2m
31% to 10.5c per share
contributions to Group earnings
• Continued investment in digital and
ersonal
UPAT
Operating cashflow
technology infrastructure
13.1% to $146.6m
$212.1m
• Further improvement in ESG credentials: DJSI
CRR2 ~92%
ranking up to 21 and 69th percentile (2020: 29
1.
Includes charge-through sales
and 56th percentile)
2. Cash realisation ratio (CRR) = Cash flow from operations/underlying NPATDA (depreciation and amortisation not tax effected)
Strong Group revenue and earnings performance
FY20 Full YearResults
3
FY22 Half Year Results
Results overview by pillar
only
1H22
1H21
Change
2yr Change
$m
$m
%
%
Sales revenue (including charge-through sales)
Food
4,561.0
4,795.9
(4.9%)
4.1%
Liquor
2,174.4
2,039.1
6.6%
21.9%
Hardware
1,483.7
1,258.9
17.9%
42.1%
Total sales revenue (including charge-through sales)
8,219.1
8,093.9
1.5%
14.0%
Less: Charge-through sales
(1,068.5)
(1,034.2)
3.3%
Total sales revenue (Statutory Accounts)
7,150.6
7,059.7
1.3%
1H22
1H21
Change
$m
$m
%
Underlying EBIT
useFood
95.2
103.0
(7.6%)
Liquor
44.3
40.1
10.5%
ersonal
98.9
64.5
53.3%
Hardware
Business Pillars
238.4
207.6
14.8%
Corporate
(7.2)
(4.6)
nm
Total EBIT
231.2
203.0
13.9%
Food
Liquor
Hardware
Sales revenue (%)
(including charge-through sales1)
18%
16%
26%
56%
25%
59%
1H22
1H21
Underlying EBIT (%)
41%
40%
31%
50%
19%
19%
1H22
1H21
Diversifying Group Earnings
Strong operating leverage: sales 1.5%
1. Direct sales from suppliers to retailers, invoiced through Metcash
FY20 Full YearResults
FY22 Half Year Results
EBIT 13.9%
4
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Metcash Limited published this content on 05 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 December 2021 21:51:02 UTC.
Metcash Limited is an Australia-based wholesale distribution and marketing company. The Company provides merchandising, operational and marketing support for its food, liquor and hardware customers. Its segments include food, liquor and hardware. The food segment distributes a range of products and services to independent supermarkets and convenience retail outlets. The hardware segment is engaged in the distribution of hardware products to independent retail outlets and the operation of corporate and joint venture retail stores. The liquor segment distributes liquor products to independent retail outlets and hotels. It provides various liquor brands, including Thirsty Camel, Big Bargain Bottleshop and Duncans. The Company's hardware brands include Mitre 10, Home Hardware, Total Tools and Hardings Hardware. The Company provides services to independent retailers in various corners of Australia, including Cape York and Cooktown in the Northeast, and Dampier and Broome in the Northwest.
METCASH LIMITED 
