Officeworks Profit Amidst 'Difficult Conditions'
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Wesfarmer’s Officeworks announced a steady growth yesterday with the company generating $1.5 billion in sales in the recent fiscal year.

Compared to last year, the office supplies company generated 4.4 per cent more in sales, with sales across its store networks growing by 5.2 per cent.
 
In the fourth quarter, the office supply chain made $360 million worth of sales, up 1.1 per cent compared to the same time last year. 

Although Officeworks produced solid figures, its limited growth was attributed to a volatile retail market, according to Wesfarmers Managing Director Richard Goyder, who said “sales for the year [were] underpinned by strong transaction growth despite challenging and volatile trading conditions in both retail and business customer segments.”

While Officeworks’ Managing Director John Gillam believed hard work combined with customer offers will help the chain improve in what he deems “difficult conditions.”