DOCSLIB.ORG

Annual Report 2015

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2015 ANNUAL REPORT 2015 ANNUAL REPORT 2015 woolworthslimited.com.au Woolworths Limited ABN 88 000 014 675 KEY FY15 FINANCIAL HIGHLIGHTS Woolworths is evolving and innovating to meet market challenges and finding new ways to delight our customers. TOTAL DIVIDENDS RETURNED TO SHAREHOLDERS IN GROUP RELATION TO FY15 SaLES $ b $ b 1.8 60.7 0.2% FY15 FULLY FRANKED EARNINGS PER SHARE DIVIDENDS PER SHARE BEFORE SIGNIFICANT ITEMS1 c c 139 1.5% 195.2 0.7% NET PROFIT AFTER TAX BEFORE SIGNIFICANT ITEMS1 $ m 2,453.3 0.1% For footnotes refer to page 25. CONTENTS Chairman’s Report 2 Home Improvement 20 Board of Directors 26 Managing Director’s Report 4 Overheads, Balance Sheet and Cash Flow 22 Management Board 30 The Results in Brief 6 Capital Management 23 Directors’ Statutory Report 31 Group Financial Performance 8 Space Roll-out Plans 23 Remuneration Report 34 Australian Food, Liquor and Petrol 10 Outlook 24 Auditor’s Independence Declaration 55 New Zealand Supermarkets 14 Material Business Risks 24 Financial Report to Shareholders 56 General Merchandise 16 Footnotes for Chairman’s and Shareholder Information and Hotels 18 Managing Director’s Report 25 Corporate Governance Statement 123 For footnotes refer to page 25. 2 | WOOLWORTHS LIMITED | ANNUAL REPORT 2015 Chairman’s Report On behalf of the Board of Directors and management team, I am pleased to present you with our detailed reports for financial year 2015. GORDON CAIRNS Chairman I am delighted and excited to have joined of changes to the Woolworths–Caltex RESULTS the Woolworths Board on 1 September alliance2, the declining average fuel sale 2015. While financial year 2015 was a price, as well as a disappointing trading challenging one for the Company, I am result in Australian Food and Liquor and FY11 174.6 already working closely with my Board General Merchandise. Excluding Petrol, FY12 178.3 colleagues and management on the three sales increased 2.5% on the prior year. year journey to regain momentum across FY13 190.2 DIVIDENDS our portfolio of businesses. FY14 196.5 The Board announced a 1.5% increase In the financial year we delivered net in dividends per share to 139 cents for FY15 195.2 profit after tax before significant items1 of financial year 2015, up from 137 cents in 1 $2.45 billion in line with last year’s result, EPS (cents) before significant items financial year 2014. and dividends are slightly up on last year. In May we updated investors on the YOUR BOard Company’s strategy. Throughout the year Financial year 2015 has been one of FY11 122 we have also made a number of significant significant renewal for your Board. FY12 126 changes to our senior management On 1 September 2015, Chairman Ralph team. At the core of these changes was a Waters stepped down and retired as a FY13 133 commitment to put customers at the heart Director. Ralph served as Chairman for FY14 137 of everything we do and deliver long-term nearly three years and as a Director for value for shareholders. more than four years. I thank him for his FY15 139 FINANCIAL RESULTS service to the Company. Dividends per share (cents) Net profit after tax before significant Non-Executive Director, Mr Ian Macfarlane items1 increased 0.1% on the prior year AC, also retired from the Board in March to $2,453.3 million. On a statutory basis, 2015. This retirement formed part of after reflecting the impact of significant the Board’s succession process, and items1, net profit after tax decreased 12.5% enabled a suitable transition following to $2,146.0 million. the appointment of Mr Scott Perkins in September 2014. Group sales were $60.7 billion, representing a decrease of 0.2%. This As previously announced, the Board will was driven by lower fuel sales as a result continue to review its skills and capabilities. For footnotes refer to page 25. CHAIRMAN’S report | 3 The Board announced a 1.5% increase in dividends per share to 139 cents for financial year 2015, up from 137 cents in financial year 2014. PEOPLE Alistair McGeorge, who was Managing GrOUP SaLES DECREASED Significant changes have been made to Director of BIG W, left the company in 0.2% TO $60.7B our senior management team. August 2015, and Penny Winn is acting as Managing Director of BIG W. Penny will $ In June 2015, Chief Executive Officer leave the Company by the end of this year and Managing Director, Grant O’Brien, 60.7b to pursue a non-executive director career. informed the Board of his intention to Executive search processes for the roles of retire from the Company. Mr O’Brien Managing Director of BIG W and Director GrOUP SaLES EXCLUDING PETROL has been CEO since October 2011. On of Group Retail Services are underway. INCREASED 2.5% To $55.0B behalf of the Board, senior management and staff, I would like to thank Grant for CONCLUSION his commitment to Woolworths over Financial year 2015 will be remembered $ 28 years, and his willingness to stay at the as a year of significant change for 55.0b helm to ensure a smooth transition to his Woolworths. This was inevitable given a successor. the new retail challenges outlined by NET PROFIT afTER Tax BEFORE Given the importance of finding the management at the Investor Day in SIGNIFICANT ITEMS1 INCREASED right leader for Woolworths, the Board May 2015, and the Company’s strategy 0.1% TO $2,453.3M determined to conduct a global CEO to meet them, including accelerating search. This process is progressing well our lean retail model to compete in a $ and a range of internal and external new environment. candidates have been identified. 2,453.3m Finally, the Board would like to In February 2015, Brad Banducci acknowledge the contribution made by was appointed Managing Director, our 190,000-plus employees. Staff work Woolworths Food Group, following the hard every day to serve our customers. departure of Tjeerd Jegen. Brad was It is their unstinting commitment to our replaced as the Managing Director of customers that will ensure Woolworths Woolworths Liquor Group by Martin continues to grow and deliver Smith, former General Manager of for shareholders. Dan Murphy’s. Dave Chambers was appointed Director of Woolworths Supermarkets, with Pat McEntee appointed Acting Managing Director of Progressive Enterprises in New Zealand. For footnotes refer to page 25. 4 | WOOLWORTHS LIMITED | ANNUAL REPORT 2015 Managing Director’s Report Our scale, network, supply chain and proven ability to extract operating efficiencies provide a strong competitive advantage in an era that brings new challenges. Grant O’BRIEN Managing Director and Chief Executive Officer Woolworths is a company that strives to A STRONG BUSINESS WITH deliver growth year-on-year. Whilst we LOTS OF POTENTIAL delivered a profit that was in line with last Woolworths is a strong business with We are focused year, we did not deliver growth, which lots of potential. Our scale, network, was disappointing. supply chain and proven ability to extract on maintaining We know our shareholders want operating efficiencies provide a strong consistently strong returns year in and year competitive advantage in an era that brings strong sustainable out. Despite our profit results, we have new challenges. increased our dividend to shareholders Woolworths has market leading positions returns for our on last year. in all our key markets. In Australian Our customers expect a consistently Food and Liquor we are 30 per cent shareholders great shopping experience with the best larger than our nearest competitor. Our range of products at the lowest prices Liquor business is a global leader and is in a convenient location. The challenges growing its leadership in all its Australian by ensuring of the year have renewed our focus on formats and Countdown is New Zealand’s winning customers. foremost supermarket brand. Masters customers put has the number two position in the highly attractive Home Improvement market. ALH is Australia’s largest hotels operator. us first. We are also Australia’s largest domestic online retailer. The market environment has changed dramatically with stronger competition and significant shifts in customers’ shopping behaviour. Woolworths is evolving and innovating to meet these challenges and finding new ways to delight our customers. We have a unique platform from which we serve more than 29 million customers per week. We are focused on improving the customer experience and increasing our share of wallet. We are focused on maintaining strong sustainable returns for our shareholders by ensuring customers put us first. For footnotes refer to page 25. Managing Director’S report | 5 ThIS YEar 72% OF OUR PROFIT BEFORE SIGNIFICANT ITEMS1 WILL BE RETURNED TO OUR SharEHOLDERS IN DIVIDENDS TOTALLING $1.8B $1.8b IN AUSTraLIAN FOOD AND LIQUOR WE arE 30 PER CENT LARGER ThaN OUR NEAREST COMPETITOR 30% WE UNDERSTAND 4. Accelerating the reset of BIG W. WE havE REINVESTED THE ChaLLENGES AND ARE We need to convert the capabilities of 56,000 HOURS PER WEEK IN TakING THE STEPS REQUIRED BIG W into results. We have already SErvICE IN-STORE, WITH A We recognise the challenges to realising cleared more than 80 per cent of FOCUS ON FRESH AND ON- our growth potential and have already non-productive inventory, rolled out SHELF avaILabILITY made progress towards addressing these: the new Party category to 63 stores and increased the number of products 1. We need to regain momentum in available online to more than 28,000. Australian Supermarkets. This means 56,000 winning the customer experience. 5. We are accelerating our lean In H2-15 we invested more than retail model to compete in a new $200 million into lower prices.
Load more

Recommended publications
  • First Anniversary Snapshot 2018/2019 Our Signatories
    First Anniversary Snapshot 2018/2019 Our signatories Founding signatories Original signatories from public launch in July 2018 First Anniversary Snapshot 2018/2019 New signatories since launch Climate Leaders Coalition Signatory footprint Our signatories Make up nearly Represent 60% Employ more than of NZ’s gross emissions one third of NZ’s 170,000 people private sector GDP 60% “Until joining the Climate Leaders Coalition it was somewhat lonely out there and we were very isolated from other companies’ initiatives around climate change. This initiative has created a family who are very willing to share experiences and provide advice and support. This has made our journey a lot easier.” Tony Gibson, CEO Ports of Auckland 1 First Anniversary Snapshot 2018/2019 Contents 3 A word from our convenor 4 Year in review 8 Climate-X 9 Demonstrating leadership on climate change 10 Events 11 Signatories’ progress against the 2017 Climate Change Statement 14 2019 Statement 15 Join the movement “The vision of Ngāi Tahu is mō tātou, ā, mō kā uri ā muri ake nei – for us and our children after us. The action now required by all of us to address climate change comes in to sharp focus when we consider the effects on those who will follow in our footsteps.” Mike Sang, CEO Ngāi Tahu Holdings Climate Leaders Coalition 2 A word from our convenor Back in 2017 the idea was hatched to create a coalition of New Zealand To show the Coalition means business, we have also released a second pledge businesses who were taking action on climate change to inspire others to do the to reflect the latest science that illustrates the need to limit global warming to same.
    [Show full text]
  • Full Year Profit Announcement
    F20 Final Profit and Dividend Announcement For the 52 weeks ended 28 June 2020 Bringing our Purpose to life and creating a COVIDSafe environment F20 Group highlights1,2,3 Group Online Group Group Dividend sales sales EBIT NPAT per share $63,675 M $3,523 M $3,219M $1,602M 94 ¢ % % % 5 8.1 41.8% (0.4) (1.2) (7.8)% Woolworths Group CEO, Brad Banducci, said: “At our half-year results in February, we spoke about the many challenges the communities we operate in had faced including drought, bushfires, the White Island tragedy in New Zealand and unrest in Hong Kong. At the time, no one could have imagined how the rest of the year would unfold with the devastating impact of COVID-19. Our main priority for F21 is making COVIDSafe a part of everything we do. I again want to recognise the way our team has continued to respond to the ongoing challenges, and I continue to be inspired by our team's collective commitment to do the right thing. “COVID-19 had a material impact on the Group’s financial performance for the year. After strong first half Group EBIT1 growth of 11.4%, EBIT growth in H2 was distorted by COVID. The closure of Hotels for much of the last four months of the financial year led to a material decline in its H2 EBIT compared to the prior year. However, the impact of the closures was partially offset by strong sales-driven EBIT growth across our retail businesses, despite materially higher customer and team safety costs.
    [Show full text]
  • New Supply Agreements - 07:37:34 27 Aug 2021 - EISB News Article | London Stock Exchange
    06/09/2021, 14:04 New Supply Agreements - 07:37:34 27 Aug 2021 - EISB News article | London Stock Exchange RNS Agreement New Supply Agreements EAST IMPERIAL PLC Released 07:37:34 27 August 2021 RNS Number : 0046K East Imperial PLC 27 August 2021 ANNOUNCEMENT NO.2 - NEW SUPPLY AGREEMENTS - FINAL STRICTLY CONFIDENTIAL 27 August 2021 East Imperial PLC ("East Imperial" or the "Company") EAST IMPERIAL SECURES SIGNIFICANT NEW SUPPLY AGREEMENTS ● New agreement to supply Woolworths-owned Countdown and Foodstuffs ● New partnership with Metcash, one of Australia's largest wholesalers East Imperial, the global purveyor of ultra-premium beverages, is pleased to announce a series of significant new supply agreements across Australia and New Zealand. Under an agreement with Woolworths New Zealand, East Imperial will supply its range of premium mixers to Countdown stores across New Zealand. In a separate agreement, Foodstuffs, New Zealand's largest supermarket chain, has also agreed to stock East Imperial's beverages in all of its New World supermarkets across New Zealand's South Island, in addition to the outlets already supplied on the North Island. Both these agreements provide a step-change in East Imperial's off-trade offering and will now take the total number of retailers supplied across the region to over 1000 outlets. This includes the recently announced agreement to supply 245 Dan Murphy's stores, one of Australia's largest and most-respected alcoholic beverage retailers. In addition, East Imperial is also pleased to have secured an agreement with Metcash, one of Australia's largest wholesalers, to stock the Company's range of beverages providing access and brand visibility to independent retailers across Australia.
    [Show full text]
  • 2019 Sustainability Report
    Better for 2019 SUSTAINABILITY REPORT Woolworths Group Limited ABN 88 000 014 675 Contents SECTION 1 Performance highlights Chief Executive Officer’s message 2 Partnerships. Our Group Purpose 3 Woolworths Group 2020 commitments 4 Our journey 6 Our business 8 It is through the power of partnerships that we will be able to amplify our impact and SECTION 2 People: deliver on our bold ambitions to become a more Embracing diversity 10 sustainable business. SECTION 3 Planet: Working together to drive change has helped For a healthy environment 26 us achieve many of our results this year. SECTION 4 With our customers we have removed over 3 billion Prosperity: single-use plastic bags from our environment. Founded on trusted relationships 46 With our team members we are creating an inclusive SECTION 5 culture that values diversity in all its forms. Sustainability metrics Sustainability metrics 74 With our suppliers we are working together to safeguard Workplace metrics 76 the rights of the workers in our supply chain. Corporate governance 85 Materiality 86 With our community partners we are changing the Industry association 88 lives of Australians and New Zealanders in need. Glossary 89 United Nations Global Compact 90 With our shareholders we are creating Global Reporting Initiative 91 Assurance report 94 sustainable long-term value. Company directory Inside Back Cover We are proud of our achievements, but we need to, and want to, do This is an interactive PDF more to make things better. designed to enhance your experience. The best way to view this report is with Adobe Reader. Click on the links on the contents pages or use the home button in the footer to navigate Better for everyone.
    [Show full text]
  • 2021 Investor Day
    2021 Investor Day The Warehouse Group 4 May 2021 Important Disclaimer This presentation is given on behalf of The Warehouse Group Limited (‘the Group’). Information in this presentation: • Is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in the Group. Readers should take their own independent professional advice in respect of their objectives, financial position or needs; • Should be read in conjunction with, and is subject to, the Group’s Annual Report, market releases, and information published on The Warehouse Group website (www.thewarehousegroup.co.nz); • Includes forward-looking statements about the Group and the environment in which the Group operates, which are subject to uncertainties and contingencies outside of the Group’s control – the Group’s actual results or performance may differ materially from these statements; • Includes statements relating to past performance, which should not be regarded as a reliable indicator of future performance; • May contain information from third parties believed to be reliable; however, no representations or warranties are made as to the accuracy or completeness of such information; and • Has not been subject to audit or review by an independent third party of the assumptions, data, calculations and forecasts contained in or referred to in this presentation. All information in this presentation is current at the date of this presentation, unless otherwise stated. All currency amounts are in NZ dollars unless
    [Show full text]
  • View Inevitable
    In this Issue December 2016 Who pays the piper? 2 Sky City Entertainment Group AGM 29 AIA appoints its 3rd Future Director 4 Methven AGM 29 2016 NZSA Business Story of the year 5 Vital HealthcareProperty Trust AGM 30 A Message from the Chairman 2016 Beacon Award Winner Anounced 6 Mercury AGM 31 Membership Gift Certificate 8 NZ Oil and Gas AGM 32 A small step towards Commonsense Tax 8 Barramundi and Marlin Global 33 Investors have certainly had an interesting year! I hope for most of you it Environmental, Social, Governance (ESG) 101 - Steel and Tube AGM 34 The latest buzz 9 Delegat Group AGM 34 has been a positive one. The dramas surrounding Pumpkin Patch and especially Company Meetings Airwork Holdings AGM 35 Wynyard will have caught out some, but the correction during October should A2 Milk AGM 11 Tourism Holdings AGM 36 SLI Systems AGM 37 not have surprised market watchers. Political uncertainty around the globe EBOS AGM 13 (and at home) along with likely increases to interest rates and inflation and the Veritas AGM 14 Skellerup Holdings AGM 38 Contact Energy AGM 15 Freightways AGM 39 potential fall in house prices in some overheated areas such as Auckland will Genesis Energy AGM 16 Caught on the Net 40 bring challenges and opportunities. So 2017 certainly promises to be interesting. Comvita AGM 17 Branch Reports Tegel AGM 18 Auckland. 42 For the NZSA, it has been another big year. A highlight (or should that Precinct Properties AGM 19 Waikato 44 really be lowlight?) was our success in removing a sitting director at Rakon.
    [Show full text]
  • HALF YEAR REPORT 2012 Overview Overview
    The Warehouse Group Limited HALF YEAR REPORT 2012 Overview Overview Group OPERATING PERFORMANCE GROUP OPERATING PROFIT $ 67. 9 GROUP SALES UP million 3.3% GROUP OPERATING MARGIN $937.9 MILLION TAX-PAID PROFIT UP 7. 2% 3.3% Group EBIT $54.0 MILLION $76.7 million OVERVIEW 01 Half Year Review 2012 Your Directors are pleased to present the unaudited results for the six months ended 29 January 2012. The strategic direction set out in September 2011 has already started to have a positive impact and we are very pleased to have been able to declare a dividend of 13.5 cents per share. Dear Shareholders SEGMENTAL RESULTS The Warehouse Group Limited (‘Group’) reported a half The Warehouse year net profit after tax of $54.0 million compared to The Warehouse reported a 3.4% increase in sales for $52.3 million in the prior comparable period. Adjusted the half year ended 29 January 2012, with same store net profit after tax for the period was $46.7 million, sales up 2.7%. Operating profit was down 16.1% to compared to $53.0 million last year. $62.1 million, primarily a function of margin pressure The strategic direction set out last September has in apparel, cost inflation and cost investment to provide already started to have a positive impact. Your Board a stable base for the future. understands that the scale of change required to The Warehouse’s operating margin was 7.4% compared reverse long term trends is significant and building to last year, at 9.2%. long term sustainable growth in profits will take time.
    [Show full text]
  • Appendix 4E and 2019 Annual Report
    29 August 2019 ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 Appendix 4E and 2019 Annual Report Attached for release to the market is the Woolworths Group Appendix 4E and 2019 Annual Report for the full year ended 30 June 2019 (53 weeks). For further information contact: Investors and Analysts: Paul van Meurs, Head of Investor Relations: +61 407 521 651 Media: Woolworths Group Press Office: +61 2 8885 1033 For personal use only Woolworths Group Limited ABN 88 000 014 675 Appendix 4E – Preliminary Final Report under ASX Listing Rule 4.3A Current reporting period (53 weeks) 25 June 2018 to 30 June 2019 Prior corresponding period (52 weeks) 26 June 2017 to 24 June 2018 RESULTS FOR ANNOUNCEMENT TO THE MARKET Key information % CHANGE $M Total revenue from continuing operations 5.3 to 59,984 Profit from continuing operations after tax attributable to equity holders of the parent entity (7.0) to 1,493 Net profit attributable to equity holders of the parent entity 56.1 to 2,693 Details relating to dividends 1 CENTS PER SHARE $M 2019 interim dividend paid on 5 April 2019 45 593 2019 final dividend declared on 29 August 2019 2,3 57 717 4 1 All dividends are fully franked at a 30% tax rate. 2 Record date for determining entitlement to the 2019 final dividend is 4 September 2019. 3 The 2019 final dividend is payable on or around 30 September 2019 and is not provided for at 30 June 2019. 4 Represents the anticipated dividend based on the shares on issue as at the date of this report.
    [Show full text]
  • Progressive Enterprises and Woolworths
    ISSN NO. 0114-2720 J4890 PUBLIC Decision No. 448 Determination pursuant to the Commerce Act 1986 in the matter of an application for Clearance involving: PROGRESSIVE ENTERPRISES LIMITED and WOOLWORTHS (NZ) LIMITED The Commission: P R Rebstock P J M Taylor D R Bates Commission Staff: Summary of Application: Progressive Enterprise Limited has sought clearance to acquire all the shares in Woolworths (New Zealand) Limited and/or its immediate holding company Denstree Corporation Limited Determination: Pursuant to section 66(3)b of the Commerce Act 1986, the Commission declines to give clearance for the proposed acquisition. Date of Determination: 14 December 2001 CONFIDENTIAL MATERIAL IN THIS REPORT IS CONTAINED IN SQUARE BRACKETS CONTENTS THE PROPOSAL...........................................................................................................................................4 UNDERTAKINGS ...........................................................................................................................................4 Effect of Divestments...............................................................................................................................5 THE PROCEDURES.....................................................................................................................................6 THE PARTIES...............................................................................................................................................6 PROGRESSIVE ENTERPRISES LIMITED ............................................................................................................6
    [Show full text]
  • Delivering Today. Value Tomorrow
    A CENTURY OF PROGRESS Delivering today. Value tomorrow. Wesfarmers | Annual Report 2014 WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 A CENTURY OF PROGRESS WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 2 A century of progress. In this our one hundredth year, we celebrate our strong commitment to performance that has seen our business consistently deliver value to our shareholders, employees, customers and the communities in which we operate. As we look towards the future we continue to focus on the core values that form the foundation of our success – integrity, openness, accountability, and boldness. Despite many changes over the past 100 years, it is our steadfast commitment to these values that ensures we provide a satisfactory return to shareholders; look after our employees and ensure they have a safe environment in which to work; provide excellent products and services to our customers; look after and care for the environment; and make a contribution to the communities in which we operate. WorldReginfo - 0b28c54e-452e-499f-aaaa-5f8681972bd6 WESFARMERS ANNUAL REPORT 2014 1 A CENTURY OF PROGRESS Contents About Wesfarmers About this report From its origins in 1914 as a Western Australian farmers’ This annual report is a summary of Wesfarmers’ and its cooperative, Wesfarmers has grown into one of Australia’s largest subsidiary companies’ operations, activities and financial listed companies. With headquarters in Western Australia, its position as at 30 June 2014. In this report references to diverse business operations cover: supermarkets; department ‘Wesfarmers’, ‘the company’, ‘the Group’, ‘we’, ‘us’ and stores; home improvement and office supplies; coal production and ‘our’ refer to Wesfarmers Limited (ABN 28 008 984 049) export; chemicals, energy and fertilisers; and industrial and safety unless otherwise stated.
    [Show full text]
  • Woolworths Limited
    20 July 2011 PRESS RELEASE FULL YEAR SALES RESULTS 52 WEEKS TO 26th JUNE 2011 SALES OF $54.1 BILLION FOR THE YEAR UP 4.7% EXCLUDING PETROL SALES UP 4.1% 2010 2011 Increase Statutory Statutory (%) (52 weeks) (52 weeks) Full Year by Division ($ millions) Supermarket Division 44,287 46,312 4.6% Australian Food and Liquor 34,675 36,176 4.3% New Zealand Supermarkets (NZD) 5,185 5,362 3.4% New Zealand Supermarkets (AUD) 4,131 4,111 (0.5)% Petrol (dollars) 5,481 6,025 9.9% Petrol (litres) 4,792 4,920 2.7% General Merchandise Division 5,975 6,014 0.7% BIG W 4,193 4,158 (0.8)% Consumer Electronics – Total 1,782 1,856 4.2% Consumer Electronics – Aust 1,260 1,286 2.1% Consumer Electronics – NZ (NZD) 341 322 (5.6)% Consumer Electronics – NZ (AUD) 270 248 (8.1)% Consumer Electronics – India 252 322 27.8% Hotels 1,102 1,153 4.6% Home Improvement 330 664 n.m Total Year to Date Sales 51,694 54,143 4.7% Total Year to Dates Sales (excluding NZ 5.1% exchange rate impacts) Total Year to Date Sales (excluding Petrol) 46,213 48,118 4.1% Woolworths Limited Chief Executive Officer, Michael Luscombe, today announced full year sales of $54.1 billion, a $2.4 billion or 4.7% increase on the previous year (4.1% increase excluding Petrol). Mr Luscombe said “This result has been achieved in a very challenging year for retail which saw continuing deflationary effects, the disruption caused by natural disasters, increased consumer caution and higher domestic savings rates.
    [Show full text]
  • ANNUAL REPORT 2009 Chairman’S Report
    outside back cover 6mm outside front cover ANNUAL REPORT ABN 88 000 014 675 WOOL W ORTHS LIMITED ANNU LIMITED ORTHS A L L R EPORT 2009 EPORT inside front cover 6mm inside back cover contents aboUT this report COMPANY DIRECTORY Woolworths Limited Company Secretary Principal registered office in Australia Peter Horton 1 Woolworths Way Bella Vista NSW 2153 Share Registrar Tel: (02) 8885 0000 Computershare Investor Services Pty Limited Web: www.woolworthslimited.com.au Level 3 60 Carrington Street BIG W Sydney NSW 2000 Web: www.bigw.com.au Tel: 1300 368 664 Fax: (02) 8234 5050 Woolworths maintained National Supermarkets Web: www.computershare.com.au 2 Chairman’s its confidence and Web: www.woolworths.com.au Report certainty in the Auditor Australian economy Woolworths Petrol Deloitte Touche Tohmatsu 4 Managing during the year and remains very optimistic Tel: 1300 655 055 Director’s Grosvenor Place about the country’s Web: www.woolworthspetrol.com.au 225 George Street Report ability to withstand the Sydney NSW 2000 extraordinary fiscal events BWS 6 Highlights that have taken place. Tel: (02) 9322 7000 Web: www.beerwinespirits.com.au By continuing to grow Web: www.deloitte.com.au 10 The Results our company, create in brief employment and deliver Dan Murphy’s choice and value to 789 Heidelberg Road 12 Supermarkets customers, we will be Alphington VIC 3078 well positioned to reach Tel: (03) 9497 3388 18 General our 100th birthday Merchandise in 2024 as a vibrant, Fax: (03) 9497 2782 strong and dynamic Web: www.danmurphys.com.au MICHAEL LUSCOMBE Australian company.
    [Show full text]