The company says all Pillars responded well to service its retailers in a very challenged environment impacted by both bushfires and COVID-19.
Underlying Group earnings were $324.2 million an improvement of around $12 million on last year excluding the impact of the loss of Drakes.
Metcash will pay a final dividend of 6.5 cents a share, down on the 7 cents it paid last year.
Meantime, the company says it has entered the final stage of negotiations to acquire 70 per cent of Total Tools Holdings, a leading participant in the professional tool segment in Australia, for around $57 million.
Shares in Metcash (ASX:MTS) are trading 0.35 per cent higher at $2.84