Strong Financial Performance
Wesfarmers delivered growth in sales, earnings, and dividends despite a challenging trading environment. Net profit after tax increased by 2.9% to $1.5 billion, and the dividend grew by 4.1%.
Successful Portfolio Actions
Sale of Coregas for $770 million and the wind down of Catch to improve earnings in FY '26. The divestment of WesCEF's LPG and LNG and strategic acquisitions expanded Officeworks' digital education offer and supported Health's digital strategy.
Bunnings and Kmart Group Performance
Bunnings grew sales and earnings despite tough market conditions, and Kmart Group's earnings increased by 7.2%, driven by strong value credentials and efficiency improvements.
Environmental and Community Contributions
A 2.5% reduction in Scope 1 and 2 emissions and $55 million in community contributions, supporting over 8,000 organizations.
Resilience and Future Growth Positioning
The group demonstrated resilience and is well-positioned for future growth with investments in lithium hydroxide, health sector, and new retail media strategies.