Brambles lifts sales revenue

Brambles has lifted revenue by eight per cent, adjusted for currency, and tipped full-year underlying profit growth of eight-10 per cent.

Logistics firm Brambles has lifted revenue, on a constant currency basis, by eight per cent to $US4.36 billion ($A5.60 billion) for the nine months to March 2016.

The group's actual sales revenue was flat at $US4.03 billion.

In a statement to the ASX Brambles said it expects eight to 10 per cent constant currency growth in revenue and underlying profit for the year to June 30, putting expected profit at between $US1.02 billion and $US1.04 billion.


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Source: AAP


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