Metcash maintains momentum

 In Australia, Metcash/IGA, NewZealand
Metcash has sustained its growth, with a n1.2 per cent increase in EBITA to $206.2 million for the first half of nits financial year, ending October 31.
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nThe result was achieved on a 3.5 per cent rise in wholesale sales from $6.07 billion in 1H12 to $6.28 billion.
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nAccording to the company, the growth in EBITA was achieved despite ncontinuing headwinds including tough trading conditions, continuing nprice deflation and aggressive marketing campaigns being run by the nmajor self supply chains. Inside Retail – Read More.

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