BNET Industries

Wesfarmers Ltd.

(WES) is in the Business Services Industry

Market Cap:$552.6M

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
TPG to List Myer in $2 Billion IPO

9/11/09 - Merger / Acquisition - 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

bunnings and wesfarmers ltd. - All News and Analysis

First cab off the rank.

- 2003-10-15

Oct 14, 2003 (New Zealand Hardware Journal - ABIX via COMTEX) Australian hardware retailer Bunnings will soon open its first New Zealand store in Christchurch. It is believed that it may open in October 2003. The store, with 8,000 sq metres of shop floor, is...

Tags: Bunnings, Mitre Corp., Wesfarmers Ltd.
Wesfarmers cries foul in shopping centre turf wars.

- 2002-01-07

Jan 8, 2002 The Australian Financial Review ABIX via COMTEX -- Australian retailers such as Bunnings and Harvey Norman believe they are under threat from shopping centre landlords. The retailers, which operate outside established shopping centres, say that landlords such as Westfield Holdings'...

Tags: Bunnings, Wesfarmers Ltd.