Wesfarmers profit up 44%

Posted on 21/08/2009  

Wesfarmers has reported a 44% rise in profit to $1.535 billion in FY2009, based on a 52% increase in revenue, half of it coming from the Coles division. Wesfarmers also achieved revenue growth from its Bunnings, Target and resources divisions. It says it is "cautiously optimistic" about the economic outlook.

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