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Wesfarmers Limited (ASX:WES)

ALERT: Price-sensitive ASX Announcement for WES
Current share price for WES : $89.040 -0.22 (-0.25%)+
Announcement
Release
19 Feb 2026 8:06AM
Price at Release
$89.260
Full Release
download
Summary
Wesfarmers Limited's 2026 Half-year results presentation reports a strong performance across their various divisions with a focus on scalability and investment in productivity. Key financial metrics show a net financial debt of $4.9 billion as of 31 December 2025, reflecting strategic capital management initiatives. The Bunnings Group continues to grow with increased sales and enhancements in digital capabilities. Kmart Group achieved sales growth by focusing on cost discipline and inventory management despite challenging market conditions. Wesfarmers Health showed robust growth in its retail and wholesale sectors. The company is also leveraging AI to boost productivity and enhance customer experiences, ensuring sustainable long-term growth. The balance sheet remains strong with significant flexibility for future investments.
Key Points
  • Net financial debt of $4.9 billion as at 31 December 2025.
  • Capital management initiative resulted in a distribution of $1.50 per share.
  • Bunnings Group experienced strong sales growth and expanded digital capabilities.
  • Kmart Group's revenue increased by 3.3%, focusing on cost discipline and inventory management.
  • Wesfarmers Health saw strong Priceline retail sales growth and higher wholesale sales.
  • The company is focusing on AI to improve productivity and customer experiences.
  • Strong balance sheet allows flexibility for future investments and capital management.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.