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Morgan Stanley flags margin pressure for Australia's Metcash amid high costs

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** Analysts at Morgan Stanley say supermarket wholesaler Metcash Ltd's MTS.AX retail margins are under pressure due to rising costs

** Co posts FY net profit attributable A$257.2 million ($170.50 million), lower than A$259 million recorded last year

** Shares rise as much as 1.2% to A$3.735

** Morgan Stanley says co's food and hardware sales in the first 7 weeks for FY25 decelerating vs FY24

** Says more competitive pricing behaviour by Coles COL.AX and Woolworths WOW.AX and accelerated Aldi store rollout could pose as risks

** Stock up 5.73% this year as of last close, vs a 1.9% increase in the benchmark S&P/ASX 200 index .AXJO

Reporting by Roushni Nair in Bengaluru


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