Wesfarmers Limited · ASX:WES
Wesfarmers — Macquarie Australia Conference 2021
15 slides from Wesfarmers's conference presentation, May 5, 2021
Slide 1: Macquarie Conference Briefing Presentation ASX cover letter
5 May 2021 The Manager Market Announcements Office Australian Securities Exchange Dear Manager, MACQUARIE CONFERENCE BRIEFING PRESENTATION Please find attached a copy of the presentation by the Managing Director of Wesfarmers Limited, Rob Scott, that is to be given at the Macquarie Australia Confere
Slide 2: Macquarie Conference 2021
Macquarie Conference 2021 Wednesday 5 May 2021
Slide 3: Wesfarmers' primary objective is to provide a satisfactory return to shareholders
Wesfarmers’ primary objective is to provide a satisfactory return to shareholders We believe it is only possible to achieve this over the long term by: Anticipating the needs of our Looking after our team Engaging fairly with our customers and delivering members and providing a safe, suppliers and s
Slide 4: Building trust to support long-term value creation
Building trust to support long-term value creation Wesfarmers has continued to play a critical role in supporting customers, partners and the communities in which our businesses operate through COVID-19 Anticipating the needs of our Looking after our team Engaging fairly with our customers and deliv
Slide 5: Superior long-term financial performance
Superior long-term financial performance Wesfarmers has a track record of delivering superior long-term performance TSR Index (November 1984 = 100) Total shareholder return1 60,000 Wesfarmers: 18.9% (CAGR) All Ordinaries Accumulation Index: 10.8% (CAGR) 50,000 TSR CAGR (%) Wes All Ords 40,000 5 year
Slide 6: Strong progress against key priorities
Strong progress against key priorities Wesfarmers has made strong progress to accelerate data and digital capabilities, position the portfolio for growth and address areas of underperformance • Total online sales of $2.0b recorded for 1H21, including the Catch marketplace Accelerate data and • Impro
Slide 7: Investment in data and digital capabilities
Investment in data and digital capabilities Following significant investment in recent years, digital engagement with customers is increasing across the Group’s businesses Total retail online sales1 Divisional online penetration $m % of sales 2,500 40 37.1 35 2,000 29.7 30 25 1,500 20 15.9 1,000 15
Slide 8: Group financial performance update
Group financial performance update Wesfarmers recorded a strong result for the first half of FY21, reflecting progress against the Group’s strategic priorities $17,774M $1,414M 125.0cps REVENUE NET PROFIT EARNINGS AFTER TAX PER SHARE 16.6% 25.5% 25.5% $871M $2,216M 88¢ NET CASH OPERATING INTERIM DIV
Slide 9: Capital allocation approach aligned to superior long-term returns
Capital allocation approach aligned to superior long-term returns Opportunities to deliver superior and sustainable returns by investing for the long term Portfolio of Value-accretive Adjacent opportunities existing businesses transactions – Opportunities to invest and drive continued – Investment o
Slide 10: Bunnings
Bunnings Development of Bunnings’ digital capabilities and enhancing the offer for commercial customers provides new growth opportunities Digital evolution Commercial customer Technology investments continue to improve the Improving commercial offer to better service builders, customer shopping expe
Slide 11: Kmart Group
Kmart Group Pleasing progress has been made on actions to optimise the Target store network and accelerate the growth of Kmart • Store conversions expected to support Kmart Group’s growth by: – Accelerating Kmart’s network growth to address key market gaps while increasing the flexibility of the sto
Slide 12: Officeworks & Industrial and Safety (WIS)
Officeworks & Industrial and Safety (WIS) Officeworks is focused on expanding its B2B, education and Print & Create offers WIS turnaround remains a work in progress with continued investment in the ERP system Officeworks Industrial and Safety • Continued execution of the strategic agenda • Business
Slide 13: WesCEF
WesCEF The Mt Holland lithium project provides a new growth opportunity that capitalises on WesCEF’s chemical processing capabilities and track record of delivering plant development projects • Wesfarmers together with 50:50 JV partner, SQM, Overview of Mt Holland lithium project approved the final
Slide 14: Questions
Questions
Slide 15: Wesfarmers
We Wesfarmers