Brambles Limited (AU:BXB) has released an update.
Brambles Limited has reported a robust financial performance for the fiscal year ending June 30, 2024, with sales revenue increasing by 8% to $6.54 billion and operating profit up by 18% to $1.26 billion. The company’s profit from continuing operations saw a 19% rise, while the final dividend increased from 14 to 19 US cents, indicating a stronger payout ratio of 60%. These positive results reflect the company’s strategic adjustments and a focus on improving profitability.
For further insights into AU:BXB stock, check out TipRanks’ Stock Analysis page.