Brambles Limited ( (AU:BXB) ) has issued an announcement.
Brambles Limited reported a 3% sales revenue growth at constant FX rates for the first nine months of FY25, driven by price realisation and net new business growth, despite flat like-for-like volumes. The company revised its FY25 outlook, narrowing sales revenue growth to 4-5% and upgrading free cash flow expectations by US$50 million, reflecting improved asset efficiency and reduced pooling capex.
More about Brambles Limited
Brambles Limited operates in the supply chain logistics industry, primarily offering pallet and container pooling services through its CHEP brand. The company focuses on enhancing asset efficiency and addressing cost-to-serve challenges across various regions, including the Americas, EMEA, and Asia-Pacific.
YTD Price Performance: 16.67%
Average Trading Volume: 12,371
Technical Sentiment Signal: Strong Sell
Current Market Cap: $18.37B
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