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sigh ! i was tempted to buy back in a while back , but it drifted away from my target range
can't win them all
BXB - Brambles Industries
- Thread starter TheAbyss
- Start date
can't win them all
Good morning
1st 1/4 trading update announcement published today (24/10/24):
FY25 outlook:
Commenting on the first-quarter performance, Brambles’ CEO, Graham Chipchase, said: “Our overall financial performance was broadly in line with expectations. Price growth across the Group continues to be aligned to the cost-to-serve, as price realisation to recover modest input-cost inflation was partially offset by the revenue impact of improved asset efficiency in the first quarter. These improvements in asset efficiency continue to improve Brambles’ financial performance by lowering the cost-to-serve, delivering profit and cash flow benefits. “Volumes were flat due to lower than expected like-for-like volumes. This was largely driven by macroeconomic conditions ...
5 minute chart
Kind regards
rcw1
1st 1/4 trading update announcement published today (24/10/24):
FY25 outlook:
- Brambles has reconfirmed its FY25 guidance, for the year ended 30 June 2025
- Sales revenue growth of between 4-6% at constant currency;
- Underlying Profit growth of between 8-11% at constant currency;
- Positive Free Cash Flow before dividends of between US$750-850 million; and
- Dividend payout ratio to be consistent with the dividend payout policy of 50-70% of Underlying Profit after finance costs and tax4 in US dollar terms and fully funded through Free Cash Flow.
Commenting on the first-quarter performance, Brambles’ CEO, Graham Chipchase, said: “Our overall financial performance was broadly in line with expectations. Price growth across the Group continues to be aligned to the cost-to-serve, as price realisation to recover modest input-cost inflation was partially offset by the revenue impact of improved asset efficiency in the first quarter. These improvements in asset efficiency continue to improve Brambles’ financial performance by lowering the cost-to-serve, delivering profit and cash flow benefits. “Volumes were flat due to lower than expected like-for-like volumes. This was largely driven by macroeconomic conditions ...
5 minute chart
Kind regards
rcw1
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