Metro Cash And Carry's Australian Subsidiary's Res
METRO CASH AND CARRY LIMITED
Metro Cash and Carry Limited's Australian subsidiary, Metcash Trading
Limited ("Metcash"), announced its results for the 6 months ending 31
October 2001.
Salient features of the announcement were -
- Turnover increased from AU$2.38bn to AU$2.66bn
- Profit before tax up 34.8% from AU$30.2m to AU$40.7m
- Profit after tax up 58.9% from AU$16.7m to AU$26.5m
- Operating cashflow AU$65m positive
Metcash announced an interim dividend for the six month period of AU$0.02
per share. It also announced that it had bought back 33.2m converting
preference shares at an average price of AU$1.28 per share.
For further information contact George Cocolas, group investor relations
officer, on 011 809 5526.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
