Stock Analysis

• Wesfarmers Health, built around the Priceline network and Australian Pharmaceutical Industries, recorded $6,474m, while Officeworks reported $3,698m.

• It sold 99,900 ounces at an achieved price of $6,029 per ounce, down from $6,391 per ounce in the previous quarter, generating gold salesRevenueof $602 million.

• Queensland contributed 5.5 million tonnes, down 4% on the June quarter, while New South Wales also produced 5.5 million tonnes, up 10%.

• Underlying EBITA fell to $734 million from $823 million, and the underlying EBITAMargineased to 6.1% from 6.8%.

• Group sales rose 4.7 per cent on the same period a year earlier (5.7 per cent in constant currency), to $19,353 million.

• Total distributable earnings were $56.1 million, up 0.9 per cent, a gap that implies a lower average security count than a year earlier.

• Most of that jump reflects the e2open acquisition, which completed on 4 August 2025 and contributed $541.2m across roughly eleven months.