Brambles Limited (ASX:BXB) has signed a $US135 million service agreement with PepsiCo (NYSE:PEP).
The three year agreement will generate $US45 million in sales revenue a year for the pallet supply company.
Recently the company reported first quarter sales had increased by 32 per cent, and has forecast a full year underlying profit of more than $US1 billion.
In the 2011 financial year Brambles booked a net profit of $443 million.
