Brief: Wesfarmers Winds Down Catch, Sees One-Off Costs Between A$50-60 Million

WESFARMERS

21/01/2025 24:59

Jan 21 (Reuters) - Wesfarmers Ltd  WES.AX :
    * ASX ALERT-CATCH WIND DOWN AND ONEDIGITAL UPDATE
    * CATCH WILL CEASE TO TRADE AS A STANDALONE OPERATING
BUSINESS IN
Q4 OF 2025 FINANCIAL YEAR
    * CATCH'S E-COMMERCE FULFILMENT CENTRES WILL BE TRANSFERRED
TO
KMART GROUP
    * SEES ONE-OFF COSTS ASSOCIATED WITH WIND DOWN BETWEEN A$50
MILLION AND A$60 MILLION, TO BE INCLUDED IN RESULTS FOR SECOND
HALF OF 2025 FY


Further company coverage:  WES.AX 

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