Original article by Sue Mitchell
The Australian Financial Review – Page: 19 & 24 : 25-Feb-16

Wesfarmers has posted a 2015-16 interim net profit of $A1.39bn, which is 1.2 per cent lower than previously. EBIT rose by 1.6 per cent to $A2.11bn and revenue was up 4.7 per cent at $A33.5bn. The group’s retail division posted 9.2 per cent growth in earnings, but its coal operations recorded a loss of $A118m. Meanwhile, Wesfarmers will establish a department store division to house its Kmart and Target businesses, while its industrial and safety businesses will also be restructured.

CORPORATES
WESFARMERS LIMITED – ASX WES, KMART AUSTRALIA LIMITED, TARGET AUSTRALIA PTY LTD, BUNNINGS GROUP LIMITED, COLES GROUP LIMITED, BLACKWOODS, PROTECTOR ALSAFE, CREDIT SUISSE (AUSTRALIA) LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, DEUTSCHE BANK AG, CITIGROUP PTY LTD, WOOLWORTHS LIMITED – ASX WOW, MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD