Company

Wesfarmers Limited

Headquarters: Perth, WA, Australia

Founded: 1914

Employees: 122,000

CEO: Mr. Robert G. Scott

show_chart ASX: WES

Market Cap

A$57.45 Billion

AUD as of April 1, 2022

US$43.09 Billion

history Market Cap History

Company Description

Wesfarmers Limited is a conglomerate with predominant interests in Australian and New Zealand retail, chemicals, fertilizers, coal mining, and industrial and safety products. Founded as a co-operative in 1914, Wesfarmers Limited has become the largest employer in Australia with more than 220,000 employees.

Wesfarmers Limited market capitalization over time

Evolution of Wesfarmers Limited market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Wesfarmers Limited

Detailed Description

Wesfarmers Limited primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, and outdoor living products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 168 Officeworks stores. It also provides hardware and software repairs, system security solutions, wireless and wired networking services, virus and spyware prevention and removal, and data backup and recovery solutions through Geeks2U. In addition, the company manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers in blended, compound, and liquid form; supplies polyvinyl chloride resins used in various products comprising piping, cable insulation, floor coverings, building profiles, packaging, and compounds; produces wood-plastic composite products; and manufactures and distributes sodium cyanide for gold extraction in mining industry. Further, it extracts, markets, and distributes liquefied petroleum gas and liquefied natural gas; supplies and distributes maintenance, repair, operating products, and industrial safety products and services; manufacturers and markets industrial gases and equipment; distributes tools, safety gear, work wear, and industrial supplies; and provides risk management and compliance services, as well as offers property management services and other businesses. Additionally, the company sells its products online. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.

Wikipedia Introduction

Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australian and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue of A$30.8 billion in the 2020 financial year, it is one of Australia's largest companies by revenue. Wesfarmers is also one of the largest private employers in Australia, with approximately 107,000 employees. Wesfarmers was founded in 1914 as a co-operative to provide services and merchandise to Western Australian farmers. It was listed on the Australian Securities Exchange in 1984 and grew into a major retail conglomerate.

Source: Wikipedia, retrieved on March 31, 2022, 9:07 p.m.

Stocks & Indices

Wesfarmers Limited has the following listings and related stock indices.


Stock: ASX: WES

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Key People

Michael Chaney (Chairman) Rob Scott (CEO)

Financials

Revenue: $30.8 billion (2020)

Net income: $1.6–2.1 billion (2020)


Total assets: $25.4 billion (2020)

Details

Headquarters:

Brookfield Place Tower 2

Level 14 123 St Georges Terrace

Perth, WA 6000

Australia

Phone: 61 8 9327 4211

Fax: 61 8 9327 4216