Original article by Sue Mitchell
The Australian Financial Review – Page: 18 : 22-May-15

Financial market analysts have downgraded Wesfarmers’ profit and earnings per share forecasts for 2015, although there is widespread support for the conglomerate’s move to focus capital investment on its Coles and Bunnings chains. Ben Gilbert of UBS says the Bunnings hardware business in particular still offers huge growth potential, noting that its return on capital exceeds 30 per cent.

CORPORATES
WESFARMERS LIMITED – ASX WES, COLES GROUP LIMITED, BUNNINGS GROUP LIMITED, UBS HOLDINGS PTY LTD, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, PACIFIC BRANDS LIMITED – ASX PBG, CITIGROUP PTY LTD, WOOLWORTHS LIMITED – ASX WOW, ALDI STORES SUPERMARKETS PTY LTD, MACQUARIE EQUITIES LIMITED