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4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Woolworths Limited    WOW   AU000000WOW2

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Australian Supermarket Suppliers Complain About Coles, Woolworths - Report

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03/06/2012 | 12:06am CEST

Suppliers to Australia's two dominant supermarket chains have approached the country's consumer watchdog to complain about the behavior of Woolworths Ltd. (>> Woolworths Limited) and Wesfarmers Ltd.'s (>> Wesfarmers Limited) Coles, the Age reported Tuesday.

Rod Sims, head of the Australian Competition and Consumer Commission, told the newspaper a number of parties have responded to his call for information about alleged bullying tactics by the two companies. A number of "major listed companies" were among those that responded to the request for evidence of "unconscionable conduct," Sims was quoted as saying.

Newspaper website: http://www.theage.com.au

-By Melbourne bureau; +61 3 9292 2094; [email protected]

Stocks mentioned in the article : Wesfarmers Limited, Woolworths Limited
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Financials ( AUD)
Sales 2017 57 610 M
EBIT 2017 2 384 M
Net income 2017 1 427 M
Debt 2017 2 712 M
Yield 2017 3,11%
P/E ratio 2017 22,29
P/E ratio 2018 19,26
EV / Sales 2017 0,62x
EV / Sales 2018 0,60x
Capitalization 33 124 M
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Mean consensus HOLD
Number of Analysts 14
Average target price 27,2  AUD
Spread / Average Target 6,1%
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NameTitle
Bradford Banducci Chief Executive Officer, MD & Executive Director
Gordon McKellar Cairns Chairman
David Marr Chief Financial Officer & Finance Director
Jillian Rosemary Broadbent Independent Non-Executive Director
Michael James Ullmer Independent Non-Executive Director
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