Strategic rationale for the acquisitions
Metcash Group financial snapshot after acquisitions
Further diversification of Group revenue and earnings
Metcash Group before Acquisitions 1,5
Metcash Group after Acquisitions2,3,5
4%
15%
Group Sales by Pillar
(Pro forma Oct-23 LTM)
$18.2bn
53%
28%
16%
Food
IHG
Total Tools
Liquor
IHG incl. Bianco
& Alpine Truss
14%
3%/6%
Food incl. Superior Food
1%
$19.6bn
26%
49%
Pre-synergies
15%
Post-synergies
·8%
14%
Group EBIT by Pillar
Food
(excluding corporate costs)
(Pro forma Oct-23 LTM)
39%
IHG
$526m
2.9% margin
Total Tools
22%
$586m
3.0% margin
35%
21%
$605m4
3.1% margin
34%
24%
Liquor
20%
4%
18%
1.
2.
3.
Represents Metcash reported results for the 12 months ended October 2023 (Oct-2023 LTM).
Superior Food, Bianco & Alpine Truss Sales and EBIT reflect underlying Oct-23 LTM results. Further details of the pro forma financial information are included on slide 40.
EBIT is presented on a post-AASB16 Leases basis.
4.
EBIT includes the annualised (run-rate) synergies that are expected to be achieved at the end of year 2 post completion.
5.
May not sum to 100% due to rounding.
Metcash
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
5%
17%
Food - Existing
Food - Superior Food
IHG - Existing
IHG
Bianco & Alpine Truss
Total Tools
Liquor
Food -
Existing
Food Superior Food
IHG - Existing
IHG Bianco & Alpine Truss
Total Tools
Liquor
14View entire presentation