Wesfarmers debt rating upgraded

Wesfarmers has received a boost, with Moody's upgrading its issuer and senior unsecured long term debt rating from Baa1 (positive) to A3 (stable).

"This upgrade reflects the cash generative nature of the Group's businesses and our debt management initiatives which continue to improve key credit metrics," finance director Terry Bowen said.

The retail giant lifted its first quarter sales for the year, with stronger sales across its flagship Coles, Kmart and Target stores.


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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 29/09/17

1 year TSR5 year TSR
90thProgrammed Maintenance Services91%13%
140thMineral Resources53%22%
396thSeven West Media-4%-3%
499thAutomotive Holdings Group-18%7%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$12k Issued
$6k Issued
$2.0m Sold
Total value as at the date of the transaction
Source: Morningstar


2nd-Automotive Holdings Group$6,079.6m
3rd↑Programmed Maintenance Services$2,694.5m
4th-Seven West Media$1,679.0m
5th↑Mineral Resources$1,470.4m
232 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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