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An announcement from Brambles Limited ( (AU:BXB) ) is now available.
Brambles Limited reported an increase in its financial performance for the half-year ended 31 December 2024, with sales revenue rising by 3% to US$3,371.7 million and operating profit increasing by 8% to US$717.9 million. The company also announced a 30% franked interim dividend of 19.0 US cents per share, reflecting a higher payout ratio compared to the previous year. Additionally, Brambles has entered into an agreement to divest its CHEP India business, which is classified under discontinued operations, marking a strategic shift in its market focus.
More about Brambles Limited
Brambles Limited operates in the logistics industry, primarily providing supply chain solutions through its CHEP brand, which includes pallet and container pooling services. The company focuses on offering sustainable logistics solutions across various markets globally.
YTD Price Performance: 0.40%
Average Trading Volume: 973
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.94B
For an in-depth examination of BXB stock, go to TipRanks’ Stock Analysis page.
