BNET Industries

Market Cap:$649.9M
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
Recent Events
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WESFARMERS' HARDWARE BIZ BUNNINGS TO OPEN 12 STORES IN NSW
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Australia's Tabcorp in talks to buy pubs-report
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FORMER W AUSTRALIA PREMIER TAKES SENIOR ROLE WITH WESFARMERS
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Asia Markets: Wesfarmers gains in Aussie supermarket race
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AUSTRALIAN RETAILER WESFARMERS POSTS NET PROFIT RISE TO US$1.3B
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Wesfarmers CEO Focuses on Performance
News & Analysis
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rio tinto and wesfarmers ltd. and woodside petroleum ltd. - All News and Analysis
Wall St gains spark rebound.
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...
25 to consider.
Byline: Philip Rennie Jan 12, 2006 (BRW - ABIX via COMTEX) -- Irrespective of the performance of the global economy and sharemarkets, there are 25 Australian stocks worth watching in 2006. ...
WA makes artistic stand.
Aug 07, 2003 (The West Australian - ABIX via COMTEX) Western Australian WA businesses have been recognised at the 2003 Australia Business Arts Foundation Awards. Rio Tinto, Wesfarmers, Woodside Petroleum and Alcoa have all been recognised for their work with arts organisations. Janet...
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