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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 |
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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