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    COL   AU0000030678

COLES GROUP LIMITED

(COL)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 09/27
17.01 AUD   -0.29%
09/03Australia's bumper earnings get Delta reality check
RE
09/03WELLNEX LIFE : to Sell New Supplement Brands at Coles
MT
09/02Australia's bumper earnings get Delta reality check
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SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Coles to Focus A$1.4 Billion Fiscal Year 2022 Capex on Efficiency Drive

06/16/2021 | 05:07pm EDT

By Stuart Condie

SYDNEY--Coles Ltd. will focus the majority of its 1.4 billion Australian dollars (US$1.07 billion) of fiscal 2022 capital expenditure on efficiency measures that include automation of the supermarket chain's distribution centers.

Coles on Thursday said about 60% of fiscal 2022 capex would be focused on improving efficiency, with the remainder split roughly equally between growth, maintenance and the implementation of 50 store renewals and 20 new stores.

It expects depreciation and amortization of between A$1.67 billion and A$1.72 billion, while automation assets supplied by Witron Logistik + Informatik GmbH and Ocado Group PLC will begin to depreciate in the 2023 fiscal year.

Write to Stuart Condie at stuart.condie@wsj.com

(END) Dow Jones Newswires

06-16-21 1907ET

All news about COLES GROUP LIMITED
09/03Australia's bumper earnings get Delta reality check
RE
09/03WELLNEX LIFE : to Sell New Supplement Brands at Coles
MT
09/02Australia's bumper earnings get Delta reality check
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08/17Coles Group Limited Declares Fully-Franked Final Dividend, Payable on 28 September 2021
CI
08/17Coles Group Limited Reports Group Earnings Results for the Year Ended June 27, 2021
CI
08/17Coles Annual Profit Rises 2.8% --Update
DJ
08/17Coles Annual Profit Rises 2.8%
DJ
More news
Analyst Recommendations on COLES GROUP LIMITED
More recommendations
Financials
Sales 2022 39 520 M 28 865 M 28 865 M
Net income 2022 1 008 M 736 M 736 M
Net Debt 2022 9 412 M 6 874 M 6 874 M
P/E ratio 2022 22,4x
Yield 2022 3,69%
Capitalization 22 690 M 16 528 M 16 573 M
EV / Sales 2022 0,81x
EV / Sales 2023 0,80x
Nbr of Employees 120 000
Free-Float 94,8%
Chart COLES GROUP LIMITED
Duration : Period :
Coles Group Limited Technical Analysis Chart | COL | AU0000030678 | MarketScreener
Technical analysis trends COLES GROUP LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 17,01 AUD
Average target price 17,77 AUD
Spread / Average Target 4,46%
EPS Revisions
Managers and Directors
Steven Cain Chief Executive Officer, Director & MD
Leah Weckert Chief Financial Officer
James Philip Graham Chairman
Roger Sniezek Chief Information & Digital Officer
Matthew Swindells Chief Operating Officer
Sector and Competitors