Tag: MTS

Metcash has withdrawn its offer for Symbion Pharmacy Services after the competition regulator indicated that it had some important concerns about the deal.

Grocery and liquor wholesaler Metcash (MTS), owner of the supermarket brand IGA, posted a 30% rise in first half net profit and said it was on track to deliver its full-year revenue and earnings outlook.

Australia's third retailing force, the independent wholesaler, Metcash Ltd, disappointed yesterday when it missed most analysts targets for its 2007 profit and doubled up with a less than optimistic forecast of a smallrise in earnings in the 2008 year.