CROWDED MARKET: Wesfarmers faces a challenge to embed its successful Bunnings business into the UK. Photos: Attila Csaszar

Wesfarmers fighting on two fronts with Homebase in far-flung Britain

ANALYSIS: No-one knows how long it might take for Wesfarmers’ foreign foray to bear fruit, and at what cost.


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The above article gives a good insight into the situation. However similar comments were made, when Wesfarmers bought the Coles Group. Positive thinking is 90% of success, whilst negative knocking can destroy an enterprise. Wesfarmers' track record needs no proof of success. Even with a change of Directors, as has been mentioned above, the next 'crop' will have been well trained, to continue the successful business into the future!

Bittern, Victoria
Wesfarmers strength is the quality of the executives running the individuals running each business. John Gillam, Peter Davis and Guy Russo have great retail instincts and understand how to leverage assets and develop people. With Homebase Bunnings is following a careful plan that has every chance of working. B&Q and Wickes have incumbency but no momentum.

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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 28/02/18

1 year TSR5 year TSR
125thSeven Group Holdings92%16%
446thAutomotive Holdings Group-2%3%
451stSeven West Media-3%-17%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$262k Sold
$191k Bought
$6k Bought
Total value as at the date of the transaction
Source: Morningstar


2nd-Automotive Holdings Group$6,079.6m
3rd-Seven Group Holdings$2,340.3m
4th-Seven West Media$1,679.0m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Wesfarmers

3rdJohn Durkan$5.288m
5thGuy Russo$4.038m
19thRob Scott$1.908m
Ranked by total remuneration from all listed WA companies

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