.
Brambles Limited (ASX:BXB) is reviewing its overheads with the spin-off of its Recall documents handling business as it seeks to drive return on capital to 20 per cent over the next five years.
The company’s return on capital is around 15 per cent at present.
Recall Holdings will list on the ASX today, following recent shareholder approval.
The company says it is working to standardise a series of finance division activities.
It is also working on human resources and information technology across the group’s global operations.
Brambles generated a net profit of $690.7 million in fiscal 2013.
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$25.45 |
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Mkt cap ! $34.75B | |||
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| BXB (ASX) Chart |