Brief: Wesfarmers' Retail Divisions Continued To Trade Well In First Six Weeks Of 2H

WESFARMERS

20/02/2025 01:04

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;))