Brambles Limited
(ASX:BXB) has seen strong profit growth of 10 per cent on a constant currency basis.
Sales revenue was again led by strong pallet performance with new business wins also a highlight.
CEO Tom Gorman said they were pleased with the first half result with a strong network position has driven growth while cost and supply chain efficiencies were adding to the solid profit result.
The outlook is for higher-than-previously forecast full year growth of 8 – 10 per cent.
Brambles will pay an interim dividend of 14.5 cents per share with 25 per cent franking.
