BNET Industries

Wesfarmers Ltd.

(WES) is in the Business Services Industry

Market Cap:$660.8M

Last Fiscal Year Sales:$6.2B

Public
US

Dow Jones Description

Wesfarmers has moved far beyond its agricultural beginnings. Founded in 1914 and headquartered in Perth, Australia, Wesfarmers Limited (SYD: WES) operates in several different sectors.The company began as a farmers' cooperative, but now deals in home improvement products and building supplies, coal mining, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacture, insurance, and rail transport. The company has annual revenue of about $6.2 billion and employs about 30,000 people. Wesfarmers and Genesee & Wyoming (G&W) of the United States, joint venture partners in the Australian Railroad Group (ARG), agreed to sell ARG to Babcock & Brown Limited and Queensland Rail for $1.3 billion. The sale covers freight operations in Western Australia and contracted services operating in New South Wales and Victoria. It also includes the remaining 43 year lease on the rail network in Western Australia, currently managed by the ARG subsidiary.

Number of Employees 30,000

Contact Information

Wesfarmers House, 11th Fl

Perth

(61) 893274211

Peer Companies

NAICS Code Other Management Consulting Services: 541618

Company News

Recent Events

WESFARMERS' HARDWARE BIZ BUNNINGS TO OPEN 12 STORES IN NSW

11/26/09 - Planned Site Openings - View Story
Australia's Tabcorp in talks to buy pubs-report

11/19/09 - Merger / Acquisition - View Story
FORMER W AUSTRALIA PREMIER TAKES SENIOR ROLE WITH WESFARMERS

10/29/09 - Mgmt. Change Entering - Other - View Story
Asia Markets: Wesfarmers gains in Aussie supermarket race

10/23/09 - Financial Announcement - View Story
AUSTRALIAN RETAILER WESFARMERS POSTS NET PROFIT RISE TO US$1.3B

8/20/09 - Financial Announcement - View Story
Wesfarmers CEO Focuses on Performance

8/02/09 - Financial Announcement - View Story

News & Analysis

australian and wesfarmers ltd. - All News and Analysis

Business kicks in to back IR reforms.

- 2005-07-17

Jul 17, 2005 (The West Australian - ABIX via COMTEX) Richard Goyder, new CEO of Perth-based conglomerate Wesfarmers, has called for a "fighting fund" to push planned workplace reforms. He said the Australian Government's industrial relations proposals were necessary for the economy, and a...

Tags: Australian, Wesfarmers Ltd.
Talks fail to sort out Worsley row.(Worsley Alumina )(Brief Article)

- 2005-03-08

Mar 07, 2005 (The West Australian - ABIX via COMTEX) The month-long Worsley dispute remains unresolved despite four hours of arbitration on 7 March 2005. The Australian Industrial Relations Commission is hearing the dispute in which one of three contractors at the site, Collex,...

Tags: Australian, Wesfarmers Ltd.
Wesfarmers surges ahead.

- 2002-08-14

Aug 14, 2002 The Weekly Times ABIX via COMTEX -- Wesfarmers Landmark achieved record earnings before interest and tax of $A89.2m for the year ending 30 June 2002. The result represents an increase of 47 for the Australian pastoral group. The Australian Bureau of...

Tags: Australian, Wesfarmers Ltd.
ARG to axe up to 200 jobs.

- 2001-10-15

Oct 4, 2001 (Lloyd's List Daily Commercial News ABIX via COMTEX) -- The Australian Railroad Group is poised to cut up to 200 jobs at Australian Western Railroad. Australian Railroad, which acquired Australian Western from the Western Australian Government in 2000 for $A585m, says...

Tags: Australian, Wesfarmers Ltd.