Pallets company Brambles
(ASX:BXB) has seen its profit after tax surge 308 per cent to US$747.1 million on the prior corresponding period.
Their revenue rose 10 per cent on financial year 2017 to $5.6 billion
The company is pursuing a demerger of its IFCO fresh food logistics business and are hoping to list it as a separate
business.
That company has plastic containers that transport fruit and vegetables and other produce between primarily in Europe, Asia and Americas.
They are offering a final dividend per share 14.5 cents
Shares in Brambles
(ASX:BXB) are 6.48 per cent higher to $10.61.
