News: BXB Brambles Sees FY22 Underlying Profit Growth Of 6-7%

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    April 21 (Reuters) - Brambles Ltd (BXB) :

    • FY22 THIRD QUARTER TRADING UPDATE
    • UPGRADING ITS FY22 GUIDANCE
    • 9-MONTH SALES REVENUE FROM CONTINUING OPERATIONS OF US$4,067.0 MILLION INCREASE OF 7%
    • SEES FY22 UNDERLYING PROFIT GROWTH OF 6-7%
    • SEES FY22 SALES REVENUE GROWTH OF 8-9% FROM PREVIOUS GUIDANCE OF 6-8%
    • FY22 DIVIDENDS EXPECTED TO BE IN LINE WITH BRAMBLES' POLICY TO PAY OUT BETWEEN 45-60% OF UNDERLYING PROFIT
    • SEES FY22 FREE CASH FLOW AFTER DIVIDENDS TO BE A NET OUTFLOW OF US$300-US$350 MILLION
    • SUPPLY CHAIN DYNAMICS, INFLATIONARY PRESSURES NOTED IN H1 FURTHER EXACERBATED IN Q3 BY CONFLICT IN UKRAINE & RUSSIA
    • PLASTIC PALLET TRIALS WITH COSTCO ONGOING, REMAIN ON TRACK TO MAKE A DECISION BY END OF FY22
    • CONTINUE TO FACE PALLET AVAILABILITY CHALLENGES
    • SEES FY22 UNDERLYING PROFIT GROWTH EXCLUDING SHORT-TERM TRANSFORMATION COSTS TO BE BETWEEN 11-12%
    • SEES LOWER PALLET REPAIR ACTIVITY EXPECTED TO NORMALISE IN FY23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$26.56
Change
0.270(1.03%)
Mkt cap ! $36.31B
Open High Low Value Volume
$26.34 $26.63 $26.34 $79.54M 2.997M

Buyers (Bids)

No. Vol. Price($)
1 1049 $26.53
 

Sellers (Offers)

Price($) Vol. No.
$26.62 81 1
View Market Depth
Last trade - 16.18pm 05/09/2025 (20 minute delay) ?
BXB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.