Brambles Limited (ASX:BXB) has confirmed its full year guidance after posting a 33 per cent jump in sales.
The pallet supplier generated sales from continuing operations of $US3.56 billion in the nine months to the end of March.
The result was aided by acquisitions and the expansion of Brambles’ pallets and crates divisions.
CEO Tom Gorman says these benefits helped to offset the impact of subdued underlying organic volumes in its pallet operations.
Brambles expects to deliver group underlying profit of between $1.02 billion and $1.05 billion in the full 2012 financial year.
Brambles reported a net profit of $235.8 million in the first half of the 2012 financial year.
