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Home improvement
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ACTIVITIES

  • Retailer of home improvement products and building materials
  • Servicing project builders and the housing industry

YEAR IN BRIEF

  • 25.7 per cent increase in earnings
  • 16.1 per cent increase in Bunnings’ trading EBIT
  • 13.8 per cent increase in cash sales
  • 13 new warehouse stores opened, 31 upgraded or refurbished
  • Improved business effectiveness and efficiency
  • Strong improvements in product range development
  • A network of 11 stand-alone trade distribution sites is now in place
  • Phase one of inventory and business systems upgrade completed

FUTURE DIRECTIONS

  • Continue to open between 10 to 14 warehouse stores per year
  • Continue with store network refurbishment programme
  • Enhance and expand products and services offered
  • Expand trade business
  • Complete the upgrade of business systems
  • Pursue further business improvement strategies

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*after corporate overheads and consolidation adjustments.