Edition:
United States

Brambles Ltd (BXB.AX)

BXB.AX on Australia Stock Exchange

9.48AUD
29 Mar 2017
Change (% chg)

$0.08 (+0.85%)
Prev Close
$9.40
Open
$9.50
Day's High
$9.51
Day's Low
$9.44
Volume
4,715,706
Avg. Vol
4,711,756
52-wk High
$13.64
52-wk Low
$9.00

Latest Key Developments (Source: Significant Developments)

Brambles announces changes to Pallets North America organisational structure
Tuesday, 7 Mar 2017 08:17pm EST 

Brambles Ltd : Brambles announces changes to pallets NA organisation . Streamlining of organisational structure of Brambles' pallets north America business, which comprises pooled pallet operations Canada and USA .As a consequence of this organisational change, Kim Rumph, president, CHEP pallets North America, will leave Brambles with immediate effect.  Full Article

Brambles announces changes to Pallets North America organisational structure
Tuesday, 7 Mar 2017 05:33pm EST 

Brambles Ltd : Brambles announces changes to pallets NA organisation . Streamlining of organisational structure of Brambles' pallets north America business, which comprises pooled pallet operations Canada and USA .As a consequence of this organisational change, Kim Rumph, president, CHEP pallets North America, will leave Brambles with immediate effect.  Full Article

Brambles says HY profit attributable to members of parent entity US$146.2 mln vs US$290.9 mln
Sunday, 19 Feb 2017 04:39pm EST 

Brambles Ltd : Hy profit attributable to members of parent entity us$ 146.2 million versus us$290.9 million last year . Proposed interim dividend of 14.5 Australian cents per share .Hy sales revenue $ 2,744.7 million versus $2,646.5 million a year ago.  Full Article

Brambles updates on outlook, says will not provide mid-term targets going forward
Sunday, 19 Feb 2017 04:32pm EST 

Brambles Ltd : Interim dividend unchanged at 14.5 Australian cents per share . Revised FY17 guidance at constant-currency . FY17 growth CAPEX expected to be approximately US$350 million . FY19 targets withdrawn . "Going forward, group will not provide medium-term targets" . FY17 underlying profit expected to be flat to FY16 . sees FY17 sales revenue growth expected to be in line with 1H17 ."Brambles' FY17 guidance assumes pallets North America business will continue to face cost and competitive pressures".  Full Article

Brambles announces FY guidance
Sunday, 22 Jan 2017 04:51pm EST 

Brambles Ltd : Asx alert-brambles'first-half 2017 trading update-bxb.ax . It expects first-half constant-currency sales revenue growth of approximately 5% . expects constant-currency sales revenue and underlying profit growth for year ending 30 june 2017 to be below its current guidance range . "our first-half result includes small loss from investment in hfg joint venture, which continues to operate in challenging market conditions" . "due to its recent financial performance an impairment review of our investment in hfg is underway" .expects first-half constant-currency underlying profit growth of approximately 3%.  Full Article

Brambles appoints Nessa O'Sullivan as CFO
Wednesday, 28 Sep 2016 07:50pm EDT 

Brambles Announces Appointment Of CFO :Appointment of Nessa O'Sullivan as Chief Financial Officer.  Full Article

Brambles says FY sales revenue US$5.54 bln vs US$5.44 bln
Wednesday, 17 Aug 2016 06:24pm EDT 

Brambles Ltd : FY profit after tax US$557.4 million versus US$587.6 million a year ago . Says FY sales revenue US$ 5.54 billion versus US$5.44 billion a year ago . Says final dividend of 14.5 Australian cents per share . Says in FY 2017 co expects to deliver constant-currency growth in sales revenue in range of between 7% and 9% . Says in FY 2017 co expects to deliver underlying profit growth in the range of between 9% to 11% . Says FY 2019 targets reaffirmed: 20% roci by FY 2019, excluding acquisitions and fx impacts .  Full Article

Brambles says Tom Gorman retires as CEO
Wednesday, 17 Aug 2016 06:22pm EDT 

Brambles Ltd : CEO retirement and appointment of successor . Tom Gorman Has elected to retire as chief executive officer and a director of the company . Brambles board has appointed Graham Chipchase to succeed gorman .  Full Article

Brambles Ltd announces formation of oil & gas container joint venture
Thursday, 4 Aug 2016 07:19pm EDT 

Brambles Ltd : Brambles formation of oil & gas container joint venture . Says joint venture will be 50% owned by Brambles and 50% owned by Hoover shareholders . Says the transaction is expected to be neutral to Brambles' underlying earnings per share in FY 2017 . HFG is targeting annual cost and capital expenditure synergies of US$5-10 million within three years . Brambles will receive consideration of approximately US$75 million from first reserve to equalise ownership of HFG . Brambles will recognise an impairment charge of US$38 million against the value of its oil & gas assets as at 30 June 2016 . Entered into agreement to combine its oil & gas container solutions businesses with hoover container solutions . Brambles' FY 2016 guidance for constant-currency growth in sales revenue and underlying profit of 8% to 10% remains unchanged . Brambles will contribute ferguson and CCC to HFG with debt, including a US$150 million subordinated shareholder loan . Says the transaction is accretive as cost and revenue synergies are realised . Agreement to combine its oil & gas container solutions businesses - Ferguson Group (Ferguson) and Chep Catalyst & Chemical Containers (CCC) .  Full Article

Brambles to divest LeanLogistics for US$115 million
Monday, 2 May 2016 07:36pm EDT 

Brambles Ltd:Brambles to divest leanlogistics for US$115M.Divestment has no impact on Brambles' guidance for constant-currency growth in sales revenue and underlying profit of 8% to 10% in FY 2016."Expects to recognise a pre-tax gain on the transaction of approximately US$53 million, after costs, within significant items".  Full Article

More From Around the Web