WES Price sensitive 28 Aug 2025, 8:01 AM

2025 Full-year results briefing presentation

Wesfarmers Ltd

Wesfarmers reports 2025 full-year results

Key points

  • Largest divisions performed well, with Bunnings and Kmart Group's strong value credentials driving sales and earnings
  • Maintained focus on driving long-term shareholder returns through portfolio actions and financial discipline
  • Continued to build long-term sustainability and climate resilience

Full summary

Wesfarmers Limited reported a 3.4% increase in revenue to $45.7 billion and a 14.4% increase in NPAT to $2.9 billion for the 2025 full-year. The Group's largest divisions, Bunnings and Kmart Group, delivered strong sales and earnings growth, supported by their value credentials and productivity initiatives. Wesfarmers maintained its focus on driving long-term shareholder returns, with portfolio actions reflecting financial discipline and a focus on shareholder returns. These actions included the sale of the LPG and LNG distribution businesses, the wind-up of the BPI property structure, and the internalisation and reset of Bunnings leases. The Group also continued to build long-term sustainability and climate resilience, with a 9.3% reduction in Scope 1 and Scope 2 emissions and a 19.6% increase in rooftop solar capacity. Wesfarmers' other divisions, including WesCEF, Officeworks, Industrial and Safety, and Wesfarmers Health, also contributed to the overall result, with a mix of strong and challenging performances.

Guidance

Wesfarmers expects to maintain significant balance sheet flexibility following a proposed capital management distribution of $1.50 per share, comprising a capital component of $1.10 per share and a fully-franked special dividend of $0.40 per share. This distribution is subject to shareholder approval at the 2025 Annual General Meeting.

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