Franklins boost for Metcash

The past six months were difficult but with Franklins under its umbrella, profit growth is likely to resume.

Profit upgrades are few and far between these days, but Metcash managed one last Wednesday. At its half-yearly results announcement (to 31 October 2011), management stated that the company’s 2012 earnings per share would grow by low to mid-single digits (up from a forecast of low single digit growth).

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