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Wesfarmers appoints Woodside's Michael Chaney as new chair to succeed Bob Every

2015-05-11 01:10:40| Agriculture - Topix.net

Michael Chaney has been appointed chairman of Wesfarmers to succeed Bob Every, returning to the company he led as chief executive for 13 years. Chaney, who most recently served as chairman of Woodside Petroleum, earlier was CEO of the Perth-based conglomerate, which owns Coles supermarkets and the Bunnings homeware chair, serving from 1992 until 2005.

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Wesfarmers offers $300m unsecured Australian bonds

2015-05-06 05:48:23| Automakers - Topix.net

Wesfarmers, owner of Australia's Coles supermarket chain, is offering its first unsecured domestic bond in more than two years. The conglomerate with businesses including retailers, coal mining and insurance, is marketing $300 million of 5 1/2-year fixed-rate bonds at a yield of about 0.95 percentage point more than the swap rate, according to an e- mailed statement from joint sale manager Commonwealth Bank of Australia.

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Wesfarmers (WFAFF) Q3 2015 Results - Earnings Call Transcript

2015-05-03 12:42:59| Agriculture - Topix.net

Ladies and gentlemen, thank you for holding, and welcome to the Wesfarmers Quarterly Retail Sales Briefing. Your lines will be muted during the briefing.

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Coles, Bunnings and Kmart fuel retail sales growth at Wesfarmers

2015-04-29 05:01:03| Agriculture - Topix.net

Perth-based conglomerate Wesfarmers continues to take market share from arch-rival Woolworths, lifting retail sales by a higher-than-expected 3.3 per cent to $13.12 billion in the three months ended March as strong sales growth at Bunnings, Kmart, Coles and Officeworks offset weakness in liquor stores, petrol stations and Target. Wesfarmers managing director Richard Goyder described the retail sales growth, which exceeded market forecasts of 2.5 per cent, as pleasing.

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Wesfarmers (WFAFF) Q2 2015 Results - Earnings Call Transcript

2015-02-20 14:28:29| Agriculture - Topix.net

As usual, I'll commence by covering the Group's performance highlights, then I'll be followed by the Group divisional managing directors who will each provide a performance summary and outlook for their respective divisions, and then Terry Bowen will provide commentary on the performance of other businesses, balance sheet, cash flows, and I'll conclude with a brief outlook for the Group, and then there'll be plenty of opportunities for questions at the end of the formal briefing. So I'm moving through to Slide 4 on the financial highlights.

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