Feb 23 (Reuters) - Brambles Ltd (BXB) :
- SEES FY24 SALES REVENUE GROWTH AT CONSTANT FX RATES OF BETWEEN 6-8% (UNCHANGED
- EXPECTS INVENTORY OPTIMISATION TO BE LARGELY COMPLETE BY THE END OF FY24
- SEES FY24 UNDERLYING PROFIT GROWTH AT CONSTANT FX RATES OF BETWEEN 13-15%
- SEES FY24 POSITIVE FREE CASH FLOW BEFORE DIVIDENDS OF BETWEEN US$700-800 MILLION
- EXISTING CUSTOMER VOLUME IMPACTS, OPERATIONAL COST INCREASES AND CAPITAL EXPENDITURE SAVINGS EXPECTED TO MODERATE IN 2H24
- FY24 DIVIDEND PAYOUT RATIO TO BE CONSISTENT WITH DIVIDEND PAYOUT POLICY OF 45-60% OF UNDERLYING PROFIT AFTER FINANCE COSTS AND TAX
- RATE OF PRICE GROWTH WILL MODERATE IN THE SECOND HALF
- EXPECT VOLUMES TO BE FLAT FOR THE YEAR
News: BXB Brambles Sees FY24 Sales Revenue Growth At Constant FX Rates Of Between 6-8%
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