BNET Industries

Wesfarmers Ltd.

(WES) is in the Business Services Industry

Market Cap:$580.0M

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

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
TPG to List Myer in $2 Billion IPO

9/11/09 - Merger / Acquisition - View Story
Australia's Metcash in supply deal with Coles

9/03/09 - Joint Venture / Alliance - 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

bhp billiton and wesfarmers ltd. - All News and Analysis

Resources keep their heat.

- 2007-07-03

Byline: Gabriella Hold Jul 03, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted solid gains on 3 July 2007, with the S&P/ASX 200 rising 35.7 points to close at 6,299. The All Ordinaries Index finished 35.2 points higher...

Tags: BHP Billiton, Rio Tinto, Wesfarmers Ltd.
Wall St gains spark rebound.

- 2007-06-28

Byline: Gabriella Hold Jun 28, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted solid gains on 28 June 2007, with the S&P/ASX 200 rising 81.4 points to close at 6,265.6 The broader All Ordinaries Index finished 80.8...

Tags: BHP Billiton, Rio Tinto, Wesfarmers Ltd., Woodside Petroleum Ltd.
$A gains as shares take a breather.

- 2007-06-24

Byline: Gabriella Hold Jun 24, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The S&P/ASX 200 added 1.4 per cent in the week to 22 June 2007, to close at 6382.6 points. The benchmark index shed 4.4 points on the last day...

Tags: BHP Billiton, Wesfarmers Ltd.
Winning streak runs out of puff.

- 2007-06-21

Byline: Gabriella Hold Jun 21, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket lost ground on 21 June 2007, with the benchmark S&P/ASX 200 easing 9.9 points to close at 6,387. There were mixed fortunes in the resources sector,...

Tags: BHP Billiton, Rio Tinto, Wesfarmers Ltd.
Appetite sharpens for high yield.

- 2007-06-20

Byline: Peter Wells and Gabriella Hold Jun 20, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted solid gains on 20 June 2007, with the S&P/ASX 200 rising 24.9 points to close at a new high of 6,396.9. The...

Tags: BHP Billiton, Rio Tinto, Wesfarmers Ltd.

Property tops a winning week.

- 2007-06-03

Byline: Gabriella Hold Jun 03, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The S&P/ASX 200 edged up 0.32 per cent to 6333.5 in the week to 1 June 2007. Strong resource stocks and a $A4.7 billion bid for Investa Property helped...

Tags: BHP Billiton, Wesfarmers Ltd.
BHP instalments well bid.

- 2006-02-26

Byline: John Wasiliev Feb 26, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Short-dated, high-leverage instalment warrants have been popular recently with Australian derivatives traders. The...

Tags: BHP Billiton, Coca-Cola Amatil Ltd., Suncorp-Metway Ltd., Wesfarmers Ltd.
BHP poised for record $5.4bn result.

- 2006-02-12

Byline: Leon Gettler Feb 12, 2006 (The Age - ABIX via COMTEX) -- Mining giant, BHP Billiton, is among the groups scheduled to report their financial results in the week commencing 13 February...

Tags: BHP Billiton, Credit Suisse Group AG, Wesfarmers Ltd.
BHP to farm out fertiliser.

- 2006-01-18

Byline: Robert Clow Jan 18, 2006 (The Australian - ABIX via COMTEX) -- Australian mining company, BHP Billiton, is selling its fertiliser business. It acquired Southern Cross Fertilisers in 2005 as...

Tags: BHP Billiton, Wesfarmers Ltd.
Theory meets reality.

- 2005-11-29

Byline: Tim Treadgold Nov 29, 2005 (BRW - ABIX via COMTEX) -- An expert on management has mentored a Western Australian WA family business to great successes. The expert is Andre Morkel, ...

Tags: BHP Billiton, Wesfarmers Ltd.