Brambles

After failing to sell its document management division, Recall, last year, Brambles has surprised no-one by announcing plans to demerge it. The new company will be listed on the ASX. In the year to June 2012 it made an underlying profit before tax of $174m on sales of $845m and capital invested of US$1,103m, giving it an operating margin of 21% and a return on capital of 16%. Alongside the demerger announcement, Brambles also reiterated its full-year guidance for underlying profit of between US$1,030m and US$1,060m. We continue to have concerns about Brambles core pallet-pooling business. Despite its strong...

After failing to sell its document management division, Recall, last year, Brambles has surprised no-one by announcing plans to demerge it. The new company will be listed on the ASX. In the year to June 2012 it made an underlying profit before tax of $174m on sales of $845m and capital invested of US$1,103m, giving it an operating margin of 21% and a return on capital of 16%. Alongside the demerger announcement, Brambles also reiterated its full-year guidance for underlying profit of between US$1,030m and US$1,060m.

{{content.question}}

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