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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 30/06/16

1 year TSR5 year TSR
314thSeven West Media14%-15%
343rdWesfarmers8%10%
403rdAutomotive Holdings Group-0%18%
460thMonadelphous Group-11%-10%
574thAustal-33%-14%
755 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/04/16
$4k Bought
07/04/16
$9k Bought
03/03/16
$6.7m Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Wesfarmers$62,750.0m
2nd-Automotive Holdings Group$5,243.0m
3rd-Monadelphous Group$1,869.5m
4th-Seven West Media$1,771.2m
5th↑Austal$1,445.9m
196 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Wesfarmers

1stRichard Goyder$9.863m
4thTerry Bowen$5.311m
6thJohn Gillam$4.800m
Ranked by total remuneration from all listed WA companies

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