Earnings Alerts

Brambles Ltd (BXB) Earnings: Steady FY Profit Forecast with Strong Revenue & Cash Flow Outlook

By October 24, 2024 No Comments
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  • Brambles forecasts an underlying profit growth of 8% to 11% at constant FX rates for the fiscal year.
  • The company anticipates a dividend payout ratio between 50% to 70%.
  • Revenue is expected to grow by 4% to 6% at constant FX rates.
  • Free cash flow is projected to be between $750 million and $850 million.
  • First quarter sales revenue from continuing operations reached $1.68 billion, showing a 2.4% year-over-year increase.
  • At constant FX rates, sales revenue from continuing operations rose by 3% compared to the previous year’s 13% growth.
  • CHEP Americas experienced a 5% sales revenue growth at constant FX rates, down from 12% in the prior year.
  • CHEP EMEA reported a 1% increase in sales revenue at constant FX rates, a significant drop from last year’s 14% growth.
  • CHEP Asia-Pacific’s sales revenue remained unchanged at 0% growth at constant FX rates compared to last year’s 13% increase.
  • Market sentiment includes 10 buy ratings, 4 hold ratings, and 1 sell rating for Brambles.

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A look at Brambles Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Brambles Ltd shows a promising outlook for the long term. With strong momentum and growth scores, the company seems to be on an upward trajectory. Momentum, in particular, stands out with a top score of 5, indicating a positive trend in the company’s performance. Additionally, a growth score of 4 suggests that Brambles Ltd has potential for expansion and development in the future. Although value and resilience scores are somewhat lower, the overall outlook appears optimistic for investors considering Brambles Ltd.

Brambles Limited, a global support services group specializing in pallet and plastic container pooling services, as well as information management services, appears well-positioned for growth and stability. With a balanced mix of scores across different factors, including a decent dividend score of 3, the company is likely to attract investors seeking long-term opportunities. While there may be areas for improvement, the solid growth and momentum scores indicate potential for Brambles Ltd to deliver value to its stakeholders in the coming years.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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