BRIEF-Wesfarmers' Retail Divisions Continued To Trade Well In First Six Weeks Of 2H

Reuters

2025/02/20

Feb 20 (Reuters) - Wesfarmers Ltd WES.AX:

GROUP'S RETAIL DIVISIONS CONTINUED TO TRADE WELL IN FIRST SIX WEEKS OF 2H
EXPECTS NET CAPITAL EXPENDITURE OF BETWEEN A$1,100 MILLION AND A$1,300 MILLION FOR 2025 FINANCIAL YEAR
COVALENT EXPECTED TO COMPLETE CONSTRUCTION AND COMMISSIONING OF REFINERY WITH FIRST PRODUCT IN MID-CALENDAR YEAR 2025
SALES GROWTH BROADLY IN LINE WITH 1H25 FOR BUNNINGS AND OFFICEWORKS IN FIRST SIX WEEKS OF 2H
DOMESTIC COST PRESSURES ARE LIKELY TO PERSIST, DRIVEN BY LABOUR, ENERGY AND SUPPLY CHAIN COSTS

Further company coverage: WES.AX

((Reuters.Briefs@thomsonreuters.com;))

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