News: Brambles PepsiCo deal

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    Brambles Limited (ASX:BXB) has signed a $US135 million service agreement with PepsiCo (NYSE:PEP).



    The three year agreement will generate $US45 million in sales revenue a year for the pallet supply company.



    Recently the company reported first quarter sales had increased by 32 per cent, and has forecast a full year underlying profit of more than $US1 billion.



    In the 2011 financial year Brambles booked a net profit of $443 million.


 
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