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Wesfarmers – Flat Earnings FY22

Wesfarmers preliminary half-year profit result.

Wesfarmers expects to report net profit after tax (NPAT) of between $1,180 and $1,240 million, in line with
current consensus expectations, for the half-year ended 31 December 2021.

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The Group’s performance for the half was supported by pleasing results in Bunnings and Wesfarmers
Chemicals, Energy & Fertilisers, while results in Kmart Group and Officeworks were impacted by
COVID-related disruptions and costs

The first half FY22 number indicates that net profit is tracking in line with 2021.

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