Old UK homes an opportunity for Bunnings

Old houses in Britain and Ireland are a key reason home improvement giant Bunnings expects its UK expansion to be a success.

Bunnings UK and Ireland managing director PJ Davis said 56 per cent of England's homes were more than 50 years old, presenting a big opportunity for the company as owners looked to renovate.

"What really attracted us to the market is not only the Brits' love of gardening but particularly the housing stock being so old," Mr Davis told an investor briefing.


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Wesfarmers (WES)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/02/17

1 year TSR5 year TSR
164thMonadelphous Group117%-4%
325thProgrammed Maintenance Services43%3%
512thAutomotive Holdings Group4%17%
656thSeven West Media-24%-22%
694 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$11k Bought
$1.3m Sold
$0 Other
Total value as at the date of the transaction
Source: Morningstar


2nd-Automotive Holdings Group$5,625.5m
3rd-Programmed Maintenance Services$2,213.5m
4th-Seven West Media$1,726.7m
5th↓Monadelphous Group$1,371.6m
222 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Wesfarmers

3rdRichard Goyder$5.490m
5thJohn Durkan$5.288m
7thGuy Russo$4.038m
Ranked by total remuneration from all listed WA companies

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