From its origins 104 years ago as a Western Australian farmers’ cooperative, Wesfarmers Limited ABN 28008984049 (Wesfarmers) has grown into one of Australia’s largest listed companies. As at 30 June 2018 our diverse business operations across Australia and New Zealand include supermarkets; department stores; home improvement and office supplies; chemicals, energy and fertilisers; and industrial and safety products. With headquarters in Perth, Western Australia, we are one of Australia’s largest employers, with more than 217,000 employees and approximately 495,000 shareholders. Our revenue this year was $69.9 billion and as at 30 June 2018, we had net financial debt of $3,580 million and $22,754 million in equity.
Wesfarmers is a company limited by shares that is incorporated and domiciled in Australia. It is listed on the Australian Securities Exchange, with the listing code ‘WES’. For more information about our businesses including products and services provided, please see here.
There were some changes to the company's structure during the year:
- On 16 November 2017 Rob Scott became Wesfarmers Managing Director.
- On 15 March 2018 Wesfarmers announced its intention to demerge its Coles division, subject to shareholder and other approvals.
- On 29 March 2018 Wesfarmers announced the completion of the sale of its Curragh coal mine in Queensland to Coronado Coal Group.
- On 12 June 2018 Wesfarmers announced the completion of the divestment of the Homebase business in the United Kingdom and Ireland to a company associated with Hilco Capital.
GRI 102-1, GRI 102-2, GRI 102-3, GRI 102-4, GRI 102-5, GRI 102-6, GRI 102-7, GRI 102-8, GRI 102-10, GRI 102-45