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Brambles – 3Q Update

Brambles Limited today reported sales revenue from continuing operations of US$3,794.1 million for the first nine months of the financial year ending 30 June 2021 (FY21), representing an increase of 8% at actual FX rates on the prior corresponding period.

BXB are on track to deliver FY21 sales, earnings and cash flow guidance, representing EBIT growth between 5 – 7%.

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We see scope for BXB to trade back to $11 – $12.

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