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BXB Brambles Limited

14.375
0.035 (0.24%)
03 May 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Brambles Limited ASX:BXB Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.035 0.24% 14.375 14.26 14.45 14.40 14.28 14.40 2,442,708 09:50:00

Brambles Profit Falls after Spin-Off

22/02/2015 10:11pm

Dow Jones News


Brambles (ASX:BXB)
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From May 2019 to May 2024

Click Here for more Brambles Charts.
   By Ross Kelly 
 

SYDNEY--Australian logistics company Brambles Ltd. (BXB.AU) posted a 70% decline in first-half profit, brought down by the spin off its document-management business into a separate company known as Recall Holdings Ltd. (REC.AU).

Net profit for the six months through December fell to US$285.3 million from US$959.0 million a year earlier. Profit from continuing operations rose 6% to US$301.3 million after Brambles pushed up prices and won new customers in its wooden pallets business.

Brambles declared an interim dividend of 14 Australian cents (US$0.11) a share, up from 13.5 Australian cents in the year ago period.

Write to Ross Kelly at ross.kelly@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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