The latest business news around the world. Written by Market Business News's very own editorial team to deliver reliable, up to date, and honest news.

Woolworths Limited – Company Information

0

Woolworths Limited – Company Overview

 Woolworth's 2015 logo
Company Woolworths Limited
Headquarters 1 Woolworths Way Bella Vista NSW 2153, Australia
CEO Grant O’Brien
CFO David  Marr
Industry Retail
Type Public
Founded 1924
ASX stock symbol WOW
Revenue $60,868.4 million AUD (2015)
Gross profit $16,523.6 million AUD (2015)
Profit for the period $2,137.4 million AUD (2015)
Employees 197,00 (2015)
Website http://www.woolworthslimited.com.au/
IR contact number +61 03 9415 4055 (outside Australia)
IR email address [email protected]

Woolworths Limited is the largest retailer in Australia and one of the leading retailers worldwide. It is based in Bella Vista, New South Wales, Australia.

The company operates several of Australia’s most recognized and trusted brands in food retailing, liquor retailing, and hospitality services (restaurants, bistros, cafes, electronic gaming, nightclubs, accommodations, and wagering).

It is comprised of the following business divisions: Supermarkets (Woolworths, Thomas Dux, Food For Less, Flemings), Petrol stations (Caltex Woolworths), Liquor (BWS, Dan Murphy’s), General Merchandise (BIG W, Dick Smith), and Home Improvement (Masters).

Woolworths Limited has stores across Australia and New Zealand, with a total of approximately 198,309 employees.

The first Woolworths store opened on Friday, 5 December 1924, in Sydney. It’s opening advertisement said that “Every city needs a Woolworths: Sydney has it now.  Every man, woman and child needs a handy place where good things are cheap.”

The company went public in 1993 – the largest share float in Australian history.


Woolworths Limited – Financial Results

Key figures (in millions of AU$) 2015* 2014
Revenue $60,868.4 $60,952.2
Gross profit $16,523.6 $16,477.6
Earnings before interest and tax $3,322.5 $3,515.1
Profit for the period $2,137.4 $2,458.4
Total assets $25,336.8 $24,136.5
Cash and cash equivalents at the beginning of the period $922.6 $849.2
Cash and cash equivalents at the end of the period $1,333.4 $922.6

*For years ended 28 June, 2015

Source: “Woolworths Limited – Annual Report 2015”