BRIEF-Wesfarmers says HY net profit attributable to members up 11.2 pct to $1.43 bln

Wed, 19 Feb - 8:36am

Feb 19 (Reuters) - Wesfarmers Ltd WES.AX :

* 2014 half-year results announcement WES.AX

* Says interim dividend 85 cents per security

* HY revenue from ordinary activities up 4 percent to $31.85 billion

* Says for the second quarter , total food and liquor sales increased 4.9 per cent to $8.1 billion

* HY net profit for the half-year attributable to members up 11.2% to $1,429 million

* Says coles delivered strong earnings growth of 10.7 per cent to $836 million for the half

* In retail, HY comparable food and liquor store sales increased 3.6 percent, with comparable food store sales growth of 4.2 percent

* Group's retail businesses are expected to continue to grow"

* Target's earnings in the second half are expected to be above the same period last year"

* Group believes that good market positions support a positive long-term outlook for the industrial businesses"

* Short-term earnings for chemicals, energy and fertilisers division will be negatively affected by reduced production

* Source text for Eikon News Search ID:nASX729gcD

* ((For more news, please click here WES.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140218:nWNBS00BV5:14
Topics: 
FOOD1 RES FOD FOTB CYCS AU CMPNY DEPT ASIA BLR SHOP RGEN FOBE LEN RTRS BACT DIV RESF NCYC

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