Wesfarmers focused on delivering "win-win" for consumers and shareholders

HIGHLIGHTS

• Wesfarmers operates across various sectors including hardware, consumer goods, pharmacy, healthcare, mining, chemicals, energy, and fertilisers
• Bunnings contributed nearly $10 billion in revenue and $1.34 billion in earnings, supporting a 3% increase in group earnings
• Kmart experienced a highlight with 7.8% sales growth despite a challenging retail environment
• Wesfarmers faced challenges in businesses affected by commodity price cycles, such as the Mt Holland lithium project going over budget and WesCEF experiencing lower earnings due to falling ammonia prices
• Mr. Scott believes in seizing opportunities in beaten-down ASX lithium stocks