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Wesfarmers Reports A$2.65B Profit, Increases Dividends

8/29/2025

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Summary

Story summary

Wesfarmers reported a net profit of A$2.65 billion for the year ending June 30, a 3.8% increase.
Consumer demand is recovering, driven by easing inflation and interest rates, according to CEO Rob Scott.
The company proposed a A$1.7 billion capital return and raised its final dividend to A$1.11 per share.
Ken MacKenzie will succeed Michael Chaney as chairman in June 2026.

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Story summary

Wesfarmers reported a net profit of A$2.65 billion for the year ending June 30, a 3.8% increase.
Consumer demand is recovering, driven by easing inflation and interest rates, according to CEO Rob Scott.
The company proposed a A$1.7 billion capital return and raised its final dividend to A$1.11 per share.
Ken MacKenzie will succeed Michael Chaney as chairman in June 2026.