Officeworks

Media Release

Officeworks Releases 2025 Full-Year Results

Immediate release – Officeworks today reported its revenue increased 3.8 per cent to $3,565 million and earnings increased 1.9 per cent to $212 million for the year.

Sales growth of 3.8 per cent was supported by growth in key categories such as technology and Print & Create. Officeworks' sales benefited from Black Friday and End of Financial Year trading, and sales growth during the Back-to-School period. Growth in sales to business customers moderated on the prior year, reflecting the challenging economic conditions affecting small to medium-sized businesses. With cost pressures affecting many households and businesses, Officeworks' investment in everyday low prices continued to resonate with customers.

Earnings growth of 1.9 per cent for the year reflected sales growth, productivity initiatives and disciplined cost management, which together mitigated the impacts of ongoing cost of doing business pressures. The earnings result includes the impact of a one-off costs associated with the closure of Circonomy, as well as continued elevated competitive intensity.

Officeworks continues to strengthen its omnichannel customer experience through expanded delivery options and investments in the store network. During the year, 25 stores were upgraded with a new technology layout to modernise and provide a more convenient shopping experience to meet the evolving needs of customers.

The business delivered continued productivity improvements at the import distribution centre in Victoria, and the automated customer fulfilment centres in Victoria and Western Australia. Additionally, deploying a new demand and replenishment system to improve availability and inventory management.

Officeworks launched its new program for business customers, Officeworks for Business, and acquired Box of Books to strengthen its education offering. The business also opened two net new stores, expanding its network to 173 locations as of 30 June 2025.

End of Release.