BNET Industries
Market Cap:$638.5M
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
-
WESFARMERS' HARDWARE BIZ BUNNINGS TO OPEN 12 STORES IN NSW
-
Australia's Tabcorp in talks to buy pubs-report
-
FORMER W AUSTRALIA PREMIER TAKES SENIOR ROLE WITH WESFARMERS
-
Asia Markets: Wesfarmers gains in Aussie supermarket race
-
TPG to List Myer in $2 Billion IPO
-
AUSTRALIAN RETAILER WESFARMERS POSTS NET PROFIT RISE TO US$1.3B
-
Wesfarmers CEO Focuses on Performance
News & Analysis
Filter by
wesfarmers ltd. and westpac banking corp. - All News and Analysis
Big rise in AFIC gain.
- 2005-07-27
Byline: Fleur Leyden Jul 27, 2005 (Herald Sun - ABIX via COMTEX) -- Australian Foundation Investment Company AFIC has reported a 25.4 increase in profit to $A158.8m for 2004-05....
Companies, unions put their cash into politics.
- 2003-02-03
Feb 03, 2003 (The Courier-Mail - ABIX via COMTEX) The Australian Electoral Commission has released its annual report on political campaign donations for 2001-02. The report shows that the Liberal Party of Australia raised $A20.1m over the year, with its largest donors including Coca...
Bank chief likes to be lonely at the top.
- 2002-08-08
Aug 08, 2002 The Australian Financial Review ABIX via COMTEX -- The CEO of the Commonwealth Bank of Australia keeps three half-days to himself. David Murray says he uses the time for his own thinking and coming up with initiatives. He relies strongly on ...
Exchanges strike cross trade deal.
- 2001-11-09
Nov 10, 2001 The West Australian ABIX via COMTEX -- The Australian and Singapore stock exchanges have struck a deal. By 2002, 50 Australian stocks, including BHP Billiton, Coles Myer, ERG, Wesfarmers, News Corporation, ANZ Banking Group, Westpac Banking Corporation, Commonwealth Bank of...
- 1
Industry Transcripts by Seeking Alpha
-
SAIC, Inc. F3Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about SAI
-
Casella Waste Systems Inc. F2Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 03, 2009about CWST
-
51jobs Q3 2009 Earnings Call Transcript
on Nov 23, 2009about JOBS
-
NetEase Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NTES
-
Franklin Covey Co. F4Q09 (Qtr End 08/31/09) Earnings Call Transcript
on Nov 16, 2009about FC
IndustryTop Rated
- Google Offers Free Downloads of a Million Books 11 votes
- InsideView Disrupts Legacy Business Info Publishers Like Hoover's 9 votes
- Mobile is the New Mass Medium, For Better or Worse 8 votes
- As Income Mobility Falls, American Dream Fades 7 votes
- Newspapers Lose Out As MSNBC.com Snaps Up EveryBlock 6 votes
Presented by the Premiere Rewards Gold Card from American Express