Metcash

There have been few official announcements from Metcash lately. As a company with a 30 April balance date, it avoids the February and August reporting season rush. Metcash’s full-year results are due for release on 29 June, so expect an update shortly afterwards. Chief executive Andrew Reitzer announced in 2010 that he would step down in 2013, a lengthy but sensible transition period. Since then we’ve been keenly awaiting news of Reitzer’s potential successor. Having nominated Silvestro Morabito, the head of IGA Distribution as a possible candidate back on 8 Jun 11 (Long Term Buy – $3.90), he’s now firming...

There have been few official announcements from Metcash lately. As a company with a 30 April balance date, it avoids the February and August reporting season rush. Metcash’s full-year results are due for release on 29 June, so expect an update shortly afterwards.

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