2025 Annual Report (including Appendix 4E)

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Stock Wesfarmers Ltd (WES.ASX)
Release Time 28 Aug 2025, 8 a.m.
Price Sensitive Yes
 Wesfarmers Reports Strong FY2025 Results
Key Points
  • Net profit after tax up 14.4% to $2.9 billion
  • Fully-franked dividends of $2.06 per share
  • Proposed $1.50 per share capital management distribution
Full Summary

Wesfarmers recorded a 14.4% increase in net profit after tax to $2.9 billion in the 2025 financial year, demonstrating the value of the company's diversified portfolio. The Bunnings Group, Kmart Group, Officeworks and Wesfarmers Health division all reported year-on-year profit increases, offsetting lower returns from Chemicals, Energy and Fertilisers and Industrial and Safety. The directors declared fully-franked dividends totalling $2.06 per share for the year, up from $1.98 per share in the prior year. They have also determined to pay a $1.50 per share capital management distribution, subject to shareholder approval. Wesfarmers' strategy of pursuing value-adding opportunities, rather than growth for growth's sake, has resulted in significant portfolio changes over the past four decades. The company remains focused on identifying new investment opportunities that can drive future growth and returns for shareholders. At the same time, the leaders of Wesfarmers' existing businesses are pursuing ambitious growth plans through improved efficiency, productivity and strategic investments.

Outlook

Wesfarmers expects its diversified portfolio to continue delivering growth and returns over the long term, underpinned by strong balance sheet and data and digital capabilities. The company is well positioned to benefit from growing demand and strategic manufacturing capabilities in critical industries, as well as the value proposition of its retail brands.