Brambles interim profit jumps 11%, narrows revenue guidance
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The news: Brambles has posted an 11% increase in profit after tax to USD507.4 million ($720.6 million) for the six months to 31 December 2025.
The numbers: The supply chain logistics company also announced a lift in its interim dividend to 23 US cents, up from 19 US cents the year prior.
The company also lowered its full-year guidance to a revenue growth of between 3% to 4%, down from 3% to 5% but its underlying profit growth guidance remains unchanged at between 8% and 11%. The guidance change is due to the company’s view that the consumer demand environment will remain subdued.
The context: The company said its result was due to strong business momentum with efficiencies delivering margin expansion.
Chief executive Graham Chipchase said Brambles’ customer experience improvements and consistent new business growth helped offset lower than expected volumes with existing customers, where weaker consumer demand in the US, Latin America and Europe, along with retailer and manufacturer inventory optimisation in Australia, reduced their pallet requirements in the first half.
The source: ASX
