Brambles Limited
(ASX:BXB) has reported interim underlying profit growth and affirmed its profit guidance for the full 2015 financial year.
The supply chain logistics company improved its underlying net profit by 6 per cent to $US485.2 million, which was up 10 per cent in constant currency terms.
CEO Tom Gorman says the company’s pallets business was boosted by a strong performance in Europe, offsetting higher operating costs in North America.
Looking ahead the company still expects to deliver a full year underlying profit of between $US1.055 billion and $US1.085 billion.
An interim dividend of 14 cents per share has been declared.
