Original article by Sue Mitchell, Julie-Anne Sprague
The Australian Financial Review – Page: 13 & 20 : 21-Nov-14
Wesfarmers chairman Bob Every has told the group’s annual meeting that its total shareholder return has significantly outperformed the benchmark S&P/ASX 200 over the last decade. MD Richard Goyder said the conglomerate’s retail operations have generally performed well so far in 2014-15, particularly the Coles and Bunnings businesses. Goyder also downplayed speculation that the cashed-up group could pursue acquisitions. Wesfarmers shares closed $A0.79 lower at $A42.10
CORPORATES
WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, WESFARMERS BUNNINGS LIMITED, TARGET AUSTRALIA PTY LTD, KMART AUSTRALIA LIMITED, STANDARD AND POOR’S ASX 200 INDEX, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, PACIFIC BRANDS LIMITED – ASX PBG, AUSTRALIAN FOOD AND GROCERY COUNCIL, HEALTHSCOPE LIMITED – ASX HSO, JB HI-FI LIMITED – ASX JBH, ORICA LIMITED – ASX ORI, COATES HIRE LIMITED, ELDERS LIMITED – ASX ELD, AMP LIMITED – ASX AMP, THE GOOD GUYS, THE MUIR ELECTRICAL COMPANY PTY LTD, ALDI STORES SUPERMARKETS PTY LTD, COSTCO WHOLESALE AUSTRALIA PTY LTD, TESCO PLC, MORRISONS, ASDA GROUP PLC, PERTH CONVENTION AND EXHIBITION CENTRE