Metcash profits decline as supermarket war creates ‘tough market conditions’
date:Jun 26, 2014
$75 million investment that takes Metcash to the leading edge of best practice distribution, Mr Morrice said.

Metcash reported that Project Mustang was on schedule and is expected to go live with liquor distribution in September 2014 with food and grocery following early in 2015. The financial benefits will not be realised until FY2016.

Group overview

During 2014, the Group incurred $54 million of significant items after tax, which it said was mainly due to the strategic review and impairment
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