Brambles Limited (AU:BXB) has released an update.
Brambles Limited has reported a robust 9% increase in sales revenue at actual FX rates, amounting to US$4,872.3 million for the first nine months of FY24, with a 7% rise at constant FX rates underscored by strategic price growth. Despite a slight 1% decline in group volumes due to inventory optimization by retailers and manufacturers in Europe and North America, the company has managed to maintain its full year guidance. The growth is regionally varied, with CHEP Americas up by 6%, CHEP EMEA by 8%, and CHEP Asia-Pacific leading with a 10% increase at constant currency.
For further insights into AU:BXB stock, check out TipRanks’ Stock Analysis page.
