Business Services Industry

Bunnings has a handle on growth.

Australasian Business Intelligence, August, 2003

Aug 17, 2003 (The Australian Financial Review - ABIX via COMTEX)

Wesfarmers Australian hardware chain, Bunnings, continues to grow in August 2003. Results for 2002-03 have revealed that Bunnings was responsible for $A3.5 billion of Wesfarmers total revenue of $A7.7 billion. Peter Davis, Bunnings managing director, has announced a series of measures designed to maintain growth, including the introduction of a new warehouse format. Analysts have pointed to a maturing market and competition as possible threats to the success of Bunnings.

Publication Date: 16 August 2003

BUNNINGS WAREHOUSE PROPERTY TRUST - 

ASX BWP:

WESFARMERS LIMITED - ASX WES

By Cathy Bolt

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