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Friday, March 29, 2024

Brambles Posts 9% Rise In H1 Profit

Courtesy of Benzinga.

Brambles Ltd (OTC: BMBLY) posted a 9% rise in its first half profit.

Brambles’ profit for the period climbed to US$239.5 million. Its revenue from continuing operations, excluding its Recall unit, climbed 34% to US$2.37 billion. Its earnings before interest and tax surged 23% to US$385.1 million.

The company now expects underlying profit between US$1.05 billion and US$1.08 billion at June 30, 2011 foreign exchange rates.

Brambles shares closed at $15.60 yesterday.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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