Metcash expands AI partnership: what it means for Metcash stock
Published on 10/13/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Metcash expanded its Coveo AI partnership for B2B customer communications on October 12, 2026.
- Forecasts point to A$310.9 million earnings by 2029 and 2.1 percent annual revenue growth.
- FY26 underlying EBIT reached A$503.7 million, while underlying NPAT was A$268.8 million.
- The last available Frankfurt price was EUR 1.88 on October 12, 2026.
- Metcash is listed on the ASX under ticker MTS.
Metcash (ISIN AU000000MTS0) expanded its Coveo AI partnership for B2B customer communications on October 12, 2026, while forecasts point to A$310.9 million earnings by 2029. Simply Wall St said the rollout extends AI-powered conversational tools into Metcash's B2B portal and agent desktop.
Three milestones shape FY27
On May 11, 2026, Metcash's investor center listed underlying net profit after tax guidance of A$268 million to A$270 million for fiscal 2026. On June 22, 2026, its FY26 results showed underlying EBIT of A$503.7 million and underlying net profit after tax of A$268.8 million, according to Market Index.
On September 9, 2026, Metcash's AGM trading update marked group sales growth of 3.5 percent in the first 18 weeks of fiscal 2027, as reported by First Samuel.
What does the AI move mean?
The AI expansion matters because the forecast path requires annual revenue growth of 2.1 percent and earnings growth from A$279.1 million to A$310.9 million by 2029. That is an earnings increase of A$31.8 million, but the investment case still depends on execution in Food, Liquor and Hardware.
Simply Wall St identified a 1.6 percent net margin and continuing pressure from hardware activity, liquor competition and tobacco volumes. The AI tools may improve service efficiency, but they do not remove those operating risks.
December results set the next test
Metcash's financial year ends on April 30, and its first-half result covering May to October is due on December 1, 2026, according to First Samuel. The report will show whether sales growth is reaching margins after wage and freight costs outpaced price inflation.
The last available euro price on Frankfurt was EUR 1.88 on October 12, 2026 at 8:03 a.m. CEDT. On the ASX, Metcash was last at AUD 3.07 on October 13, 2026, with a 52-week range of AUD 2.63 to AUD 3.98 and market capitalization of AUD 3.4 billion. The further course of trading is shown by the continuously updated real-time quote of Metcash stock.
Metcash stock facts
- Company: Metcash Limited
- ISIN: AU000000MTS0
- Ticker: MTS
- Primary exchange: ASX
- Last euro price on Frankfurt: EUR 1.88 as of October 12, 2026, 8:03 a.m. CEDT
- ASX price: AUD 3.07 as of October 13, 2026
- Market capitalization: AUD 3.4 billion as of October 13, 2026
- 52-week range: AUD 2.63-AUD 3.98
- Sector / Industry: Consumer Staples / Food Retail
Market context: Market report S&P ASX 200.
