BXB 2.48% $14.16 brambles limited

BRAMBLES TRACES its history to 1875, when Walter Bramble...

  1. 179 Posts.
    lightbulb Created with Sketch. 9

    BRAMBLES TRACES its history to 1875, when Walter Bramble established a butchery business in Newcastle. Walter gradually expanded into logistics and the company eventually entered the pallet pooling business with the purchase of CHEP in 1958. Nowadays, Brambles’ 345 million blue, wooden pallets are an essential part of the plumbing of global commerce.


    Amid the global shortage of pallets experienced since the pandemic, Brambles’ earnings have only inched higher when some expected that they might soar. This is because, despite the shortage, Brambles have failed to meaningfully increase pallet rental prices. Whether they were unable or unwilling, Walter Bramble would at least be happy to know that the company has stayed true to its roots and butchered the opportunity of a lifetime. Shareholders have been less happy.


    More at
 
watchlist Created with Sketch. Add BXB (ASX) to my watchlist
(20min delay)
Last
$14.16
Change
-0.360(2.48%)
Mkt cap ! $19.72B
Open High Low Value Volume
$14.39 $14.52 $14.16 $78.77M 5.522M

Buyers (Bids)

No. Vol. Price($)
7 82796 $14.16
 

Sellers (Offers)

Price($) Vol. No.
$14.22 3500 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
BXB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.