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

NAICS Code Other Management Consulting Services: 541618

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

awb and wesfarmers ltd. - All News and Analysis

  • Wheat, wool woes hit rural stocks.

    - 2003-05-01

    Apr 30, 2003 (The Age - ABIX via COMTEX) Australian rural sector stocks have been hit by news of a potentially devastating wheat virus in Australia and declining wool prices. Stocks affected by the bad news include Wesfarmers, AWB and Futuris. On 30 April...

    Tags: AWB, Wesfarmers Ltd.

  • Wool, wheat put rural brakes on.

    - 2003-05-01

    Apr 30, 2003 (The West Australian - ABIX via COMTEX) Australian rural sector stocks have been hit by news of a potentially devastating wheat virus in Australia and declining wool prices. Stocks affected by the bad news include Wesfarmers, AWB and Futuris. On 30...

    Tags: AWB, Wesfarmers Ltd.

  • Farmers enjoy fruits of giants.

    - 2001-08-28

    Aug 29, 2001 The West Australian ABIX via COMTEX -- Western Australia's WA drought-hit farmers have been encouraged by the stock exchange performances of two rural giants. Wesfarmers and AWB have delivered much-needed cash income, after the drought slashed farming profits and returns on...

    Tags: AWB, Farmers, Wesfarmers Ltd.

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     WES $18.63 +0.37 (2.03% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 175,214
Shares Outstanding 29.47M
Market Cap 549.1M
Year High 20
Year Low 12.16
Earnings Per Share 1.22
P/E Ratio 15.27
Dividend 1.28
Yield 6.87
Glass Door

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