Wesfarmers Sees Net Capex Between A$1,100 Mln And A$1,300 Mln For FY25
Aug 29 (Reuters) -Wesfarmers Ltd WES.AX:
EXPECTS NET CAPITAL EXPENDITURE OF BETWEEN A$1,100 MILLION AND A$1,300 MILLION FOR 2025 FINANCIAL YEAR
FOR FIRST EIGHT WEEKS OF 2025 FY, KMART GROUP DELIVERED SALES GROWTH BROADLY IN LINE WITH GROWTH IN H2 2024
FOR FIRST EIGHT WEEKS OF 2025 FINANCIAL YEAR BUNNINGS CONTINUED TO SEE POSITIVE SALES GROWTH
SALES OF LITHIUM HYDROXIDE ARE EXPECTED TO COMMENCE IN 2026 FINANCIAL YEAR AS PRODUCTION VOLUMES RAMP UP
SUCCESSFUL DEVELOPMENT OF LITHIUM HYDROXIDE REFINERY IS EXPECTED TO GENERATE SATISFACTORY RETURNS OVER LONG TERM
COST OF DOING BUSINESS PRESSURES ARE EXPECTED TO PERSIST IN 2025 FINANCIAL YEAR
REVENUE AND EARNINGS GROWTH ARE EXPECTED TO CONTINUE IN 2025 FOR KMART
COVALENT EXPECTED TO COMPLETE CONSTRUCTION AND COMMISSIONING OF REFINERY WITH FIRST PRODUCT IN MID-CY25
Further company coverage: WES.AX
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