2023 Full-year results slide image

2023 Full-year results

Divisional highlights • . . . Bunnings Group Performance highlights resilience of demand across the Bunnings offer Strong execution of strategic agenda Continued to expand range, including pets launch Strengthened customer experience across channels Advanced 'Whole of Build' commercial strategy BUNNINGS warehouse DUNNINGS • • • Kmart Group Significant sales and earnings growth reflects strong underlying trading growth and strong execution Customers responded positively to Kmart's lowest price positioning Ongoing focus on productivity and cost control • Benefits from conversion of some Target stores into Kmart stores • • • WesCEF Strong operating performance and favourable global ammonia price Earnings impacted by higher WA natural gas costs Progressed capacity expansion opportunities Completed construction of lithium concentrator, first earnings expected 1H CY24 CSBP QNP covalent LITHIUM • • . Officeworks Significant growth in B2B, and above-market growth in tech Improved back-to-school and increased demand for categories impacted by COVID Realised benefits from supply chain and store productivity investments officeworks geeks2u WIS Sales growth across all businesses Continued investment in customer service and digital capabilities AGR MODWOOD Blackwoods NZ Safety Blackwoods Kleenheat EVOL WORKWEAR coregas LNG GROUP BUNNINGS TRADE TOOL KIT TKD POT DUNNINGS Marketplace Wesfarmers Health api priceline pharmacy Clear Skincare BEAUMONT TILES Target Australian Vinyls Strong sales growth in Pharmaceutical Wholesale, solid sales in Priceline Acceleration of transformation activities to improve financial performance Acquisition of InstantScripts in July 2023, proposal to acquire SILK Laser Australia OneDigital • OnePass • . catch com.au Increasing digital engagement across the retail businesses Action taken to address performance issues in Catch Additional OnePass partners and benefits, and positive trends in key indicators of member value 2023 Full-year results | 7
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