Australian retailer Wesfarmers Ltd. (WES.AX,WFAFF.PK) reported that its profit attributable to equity holders of the parent for the half-year ended 31 December 2024 rose to A$1.467 billion or 129.4 cents per share from A$1.425 billion or 125.8 cents per share in the same period last year.
Revenue for the period grew to A$23.49 billion from A$22.67 billion in the prior year.
The Wesfarmers Board has determined to pay an ordinary interim dividend of A$0.95 per share. The interim dividend will be paid on 1 April 2025 to shareholders on the company's register on 26 February 2025, the record date for the interim dividend.
The Group expects net capital expenditure to be between A$1.10 billion and A$1.30 billion for the 2025 financial year.
Group earnings in fiscal year 2026 will benefit from the wind down of Catch by the end of fiscal year 2025.
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Business News
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.