Brambles

Brambles has reported a 12% rise in earnings per share to 20.1 US cents for the six months to 31 December on a 4% rise in sales. On a constant currency basis, the rises were 16% and 6% respectively. That’s a decent performance given the weakness in the global economy and it backs up a strong 2012 full year, in which earnings per share grew 18% on a constant currency basis. There was also an improvement in cash generation, with free cash flow of $177m in the period compared to an outflow of $95m in the prior half, but...

Brambles has reported a 12% rise in earnings per share to 20.1 US cents for the six months to 31 December on a 4% rise in sales. On a constant currency basis, the rises were 16% and 6% respectively.

That’s a decent performance given the weakness in the global economy and it backs up a strong 2012 full year, in which earnings per share grew 18% on a constant currency basis.

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