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BRIEF-Metcash Sees About $10 Mln Hit To FY22 EBIT As Tobacco Excise To Not Be Raised

Published 12/05/2021, 09:51 am
Updated 12/05/2021, 09:54 am
© Reuters.
MTS
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May 12 (Reuters) - Metcash Ltd MTS.AX :

* FOR FY22, SEES NET ADVERSE IMPACT IN FOOD PILLAR OF NO INCREASE IN TOBACCO EXCISE IN SEPT 2021 IS ABOUT $10M EBIT

* ADVERSE IMPACT EXPECTED TO BE REFLECTED IN CO'S FINANCIAL STATEMENTS FOR FIRST HALF OF FY22

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