Wesfarmers is Australia's only conglomerate. Its operations include supermarkets (number two in market share), discount department stores (number one) and hardware and home improvement (number one). These activities account for more than 90% of group revenue and more than 90% of EBIT. Other operations include coal mining, chemicals, fertilisers, industrial and medical gases, LPG production and distribution, industrial and safety supplies, and insurance. Management is focused on generating cash and creating shareholder wealth in the long term.
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