Wesfarmers Delivers Quality Fiscal 2026 H1 Result Driven By Lithium Business, Jarden Says

MT Newswires Live

02/19

Wesfarmers (ASX:WES) delivered another quality result in the first half of fiscal 2026, driven by the lower multiple lithium business, Jarden said in a Thursday note.

Wesfarmers reported fiscal first-half earnings of AU$1.414 per share, up from AU$1.294 a year earlier. Revenue for the six months ended Dec. 31, 2025, was AU$24.21 billion, compared with AU$23.49 billion a year earlier.

The conglomerate structure is working for the firm.

The investment firm assigned an underweight rating to Wesfarmers and a price target of AU$70.50 per share.

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