BNET Industries
Market Cap:$536.4M
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
-
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
-
Australia's Metcash in supply deal with Coles
-
TPG hires bankers for Australia's Myer IPO
-
Wesfarmers Profit Beats Forecasts
-
Wesfarmers CEO Focuses on Performance
-
Australia retailer freezes top pay as economy bites
News & Analysis
Filter by
wesfarmers ltd. - All News and Analysis
Former WA Premier Takes Wesfarmers Role
AAP
- 2009-10-30
Former Western Australian premier Alan Carpenter accepted a senior management role with diversified conglomerate Wesfarmers Ltd after quitting politics late last month.Mr Carpenter, who led the state Labor party until its defeat late last year, will take up the position of executive general manager corporate affairs in early December."Mr...
Hardware Not Underserviced: Bunnings
AAP
- 2009-10-26
Wesfarmers Ltd's hardware arm, Bunnings, has refuted suggestions from rival Woolworths Ltd that there are areas of the hardware sector not being serviced.Bunnings' statement came after it said it was expanding into kitchen appliances.Bunnings managing director John Gillam told reporters on Monday that Woolworths Ltd was underestimating the Australian...
Coles Q1 Performance Solid: Wesfarmers
AAP
- 2009-10-23
Wesfarmers Ltd says its Coles retailing business had a solid performance in the first quarter of 2009/10 on the back of rising food and liquor sales, and an improvement in consumer confidence.Coles managing director Ian McLeod will tell an investor briefing in Sydney on Friday that price inflation was...
Solid Coles fuels Wesfarmers rally
BNET
- 2009-10-22
WESFARMERS says sales rose across all its retail divisions in the first quarter but customers remain cautious as the impact of government cash handouts earlier in the year wanes. The conglomerate said food and liquor sales at its Coles supermarket chain rose a solid 7.3 per cent in the first...
Wesfarmers Reports Coal Production Rise
AAP
- 2009-10-20
Diversified conglomerate Wesfarmers Ltd has reported a lift in year-on-year production at most of its coal mines.Output at the company's Premier steaming thermal coal mine in Western Australia for the year to September 30 totalled 3.23 million tonnes Mt, up 9.5 per cent from 2.94 Mt in the previous...
Bunnings welcomes Woolies-Lowe's tie
BNET
- 2009-08-24
BUNNINGS says it is not afraid of Woolworths joining forces with the world's second-biggest hardware retailer to compete in Australia. Woolworths said today it was making a takeover bid worth more than $87 million for Danks Holdings, Australia's third-largest hardware distributor.Woolworths is teaming up in a joint venture with US...
Wesfarmers FY09 profit up 44% to $1.53bn
BNET
- 2009-08-20
Source: News Bites Wesfarmers Ltd net profit increased 44% to $1.53 billion for the year to June 30 2009, on revenue up 52% to $51 billion. A fully franked final dividend of 60c per share was declared, above guidance. EPS was $1.60, down from $1.74 last year. EBIT increased 34%...
Wesfarmers looks at ways to reduce debt
- 2008-10-20
SYDNEY -- Wesfarmers Ltd. is assessing a variety of measures to cut a $3 billion Australian debt if it is unable to refinance funds it borrowed to acquire the Coles Group last year. Chief financial officer Gene Tilbrook said at a presentation for investors and analysts that he was...
Research and Markets: Wesfarmers Limited: Corporate and Strategic Assessment Report — Company Strategy, SWOT Analysis and 5-year Adjusted Financials with In-depth Company Profile
- 2008-09-05
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/d53178/wesfarmers_limited) has announced the addition of the "Wesfarmers Limited: Corporate and Strategic Assessment Report - Company Strategy, SWOT Analysis and 5-year Adjusted Financials with In-depth Company Profile" company profile to their offering. Wesfarmers acquired Coles, one of the leading players in the Australian...
Lakeland Industries, Inc. Enters Into Australian Distribution Agreement
- 2008-03-31
Lakeland Industries, Inc. (NASDAQ: LAKE), a market leader in protective apparel, today announced that it has finalized a distribution agreement with Wesfarmers Industrial and Safety ("WIS"). The supply agreement grants exclusive distribution rights for Lakeland disposable and protective clothing in Australia to two Wesfarmers subsidiaries -- J. Blackwood & Son...
Industry Transcripts by Seeking Alpha
-
Edgewater Technology Inc. Q3 2009 Earnings Call Transcript
on Nov 06, 2009about EDGW
-
American Reprographics Company Q3 2009 Earnings Call Transcript
on Nov 05, 2009about ARP
-
APAC Customer Services Incorporated Q3 2009 Earnings Call Transcript
on Nov 05, 2009about APAC
-
Verso Paper Corp. Q3 2009 Earnings Call Transcript
on Nov 05, 2009about VRS
-
Lionbridge Technologies, Inc. Q3 2009 Earnings Call Transcript
on Nov 05, 2009about LIOX
IndustryTop Rated
