Brambles: Result 2014

Brambles is a much improved business and deserves a fresh look, explains Gaurav Sodhi.

Since shedding businesses and spinning off Recall, Brambles is much improved, a change reflected in its full year result which boasted higher revenues, higher profits and higher cash flow.

Statutory profits more than doubled to US$1.2bn but this included a US$680m one-off gain from the Recall demerger. On an underlying basis, profit after tax rose a more sedate, but believable, 5% to US$960m after adjusting for one-off items.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles