date:Aug 19, 2013
Wesfarmers has announced earnings before interest and tax (EBIT) of $3,658 for 2013, up 3.1 per cent on the previous year. The Company said the results reflected strong earnings growth from supermarket group Coles, as well as Bunnings, Officeworks and Kmart.
The strong results from Coles, Bunnings, Officeworks and Kmart came from strong transaction growth driven by improvements in value, offer and service, as well as improved product sourcing, in-store execution and stock management, according