BNET Industries

Wesfarmers Ltd.

(WES) is in the Business Services Industry

Market Cap:$573.2M

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
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

wesfarmers ltd. and woodside petroleum ltd. - All News and Analysis

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.
Review puts focus on buybacks.

- 2007-06-17

Byline: Nina Wan Jun 17, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Deutsche Bank has identified a range of companies which could perform off-market stock buybacks in 2007. Derived from mid-capitalisation and small-capitalisation stocks, its list of candidates includes Austereo...

Tags: Coca-Cola Amatil Ltd., Lion Nathan Ltd., Wesfarmers Ltd., Woodside Petroleum Ltd.
Printed reports cut back.

- 2006-04-30

Byline: Michael Weir Apr 30, 2006 (The West Australian - ABIX via COMTEX) -- The Australian Government may amend the Corporations Act to allow listed companies to send out annual reports in electronic form. Stockholders would then have to request a paper version...

Tags: Alinta, Wesfarmers Ltd., Woodside Petroleum Ltd.
Index slides on weaker oil price.

- 2006-02-15

Byline: Tim Findlay Feb 15, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket returned to negative territory on 15 February 2006, surrendering gains early in...

Tags: Macquarie Bank Ltd., Wesfarmers Ltd., Woodside Petroleum Ltd.
25 to consider.

- 2006-01-12

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. ...

Tags: Rio Tinto, Wesfarmers Ltd., Woodside Petroleum Ltd.

Market climbs to new heights.

- 2005-08-08

Byline: Chris Herde Aug 08, 2005 (Herald Sun - ABIX via COMTEX) -- The Australian sharemarket rallied on 8 August 2005, with the benchmark S&P/ASX 200 rising 30.6 points to a...

Tags: Wesfarmers Ltd., Woodside Petroleum Ltd.
Recovery talk stokes home fires.

- 2003-09-01

Sep 01, 2003 (The Australian Financial Review - ABIX via COMTEX) Improved forecasts for the global economy boosted a range of Australian stocks on 1 September 2003. The All Ordinaries index ended the day 9.2 points higher at 3,212.1, while the S&P/ASX 200 index ...

Tags: TABCORP Holdings Ltd., Wesfarmers Ltd., Woodside Petroleum Ltd.
WA makes artistic stand.

- 2003-08-07

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...

Tags: Alcoa Inc., Rio Tinto, Wesfarmers Ltd., Woodside Petroleum Ltd.
Fate of Wesfarmers' Kwinana in balance.

- 2003-07-21

Jul 20, 2003 (The Australian Financial Review - ABIX via COMTEX) Wesfarmers still does not know whether it will be forced to close its $A120m LPG plant at Kwinana, near Perth. The company has been relying on a supply of LPG from the North West...

Tags: Wesfarmers Ltd., Woodside Petroleum Ltd.
Bank bid boosts bourse activity.

- 2003-05-12

May 09, 2003 (The West Australian - ABIX via COMTEX) Scottish bank, HBOS, has made a takeover bid for Bank of Western Australia WA. The bid resulted in a spin-off rise in the share prices of a number of WA-based listed companies on 9 May...

Tags: HBOS Plc., Wesfarmers Ltd., Woodside Petroleum Ltd.