Wesfarmers 2013 results boosted by Coles’ strong performance
date:Aug 19, 2013
ease 2.8 per cent from $4,055million in 2012 to $4,167 in 2013, with EBIT increasing 28.4 per cent from $268 million in 2012 to $344 million in 2013.

Kmart opened 6 new department stores and 5 new Kmart Tyre and Auto stores in 2013, as well as completing 10 major Kmart store refurbishments.

Insurance

Wesfarmers Insurance revenue grew 8.8 per cent from $1,195 million in 2012 to $2,083 million in 2013.

Strategic growth initiatives

Wesfarmers said its strategy for Coles was to continue categor
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