Brambles Limited (ASX:BXB) (OTCMKTS:BXBLY) under the CHEP brand, helps move more goods to more people, in more places than any other organisation on earth. Its pallets, crates and containers form the invisible backbone of the global supply chain and the world's biggest brands trust Brambles to help them transport their goods more efficiently, sustainably and safely. As pioneers of the sharing economy, Brambles created one of the world's most sustainable logistics businesses through the share and reuse of its platforms under a model known as 'pooling'. Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries. The Group employs approximately 13,000 people and owns approximately 347 million pallets, crates and containers through a network of more than 750 service centres. Brambles operates in approximately 60 countries with its largest operations in North America and Western Europe.
Brambles Limited
ASX:BXB ISIN:AU000000BXB1
News
Brambles Limited (ASX:BXB) (OTCMKTS:BXBLY) reported sales revenue from continuing operations of US$1,679.9 million at actual FX rates for the first three months of the financial year ending 30 June 2025.
Last year some of the Best Boards in their sectors were AMC, CBA, MFG, BXB and SYD, but who will be the Best Boards for 2017? Fund managers are able to vote now to determine this year's winners. Voting will be closing down Friday 28 July.
The 2017 East Coles / Transplant Australia Corporate Performance Awards Night will be held at the Ivy Ballroom on Thursday, 21 September.
Brambles generated sales revenue of US$2,744.7 million in the six months ended 31 December 2016 (1H17), up 4% on the previous corresponding period. Constant-currency growth of 5% reflects: solid like-for-like volume growth and higher levels of net new business wins in Pallets Europe; strong growth with new and existing customers in both RPCs and Containers; and ongoing expansion in emerging market Pallets businesses, particularly in Latin America.
Asian Activities Report for November 3, 2011 includes: Morning Star Gold NL (ASX:MCO) has resumed underground mining at its 100% owned Morning Star Goldmine in Victoria's historic eastern goldfields; Red Sky Energy Limited (ASX:ROG) has submitted an application for regulatory approval of Talma pilot well at the Kanagaroo Creek Sandstone gas discovery in north east New South Wales; Brambles Limited (ASX:BXB) announces the launch of CHEP Aerospace Solutions, the world's largest independent network of pooled unit load devices (ULDs) and repair centres; Dragon Mining Limited (ASX:DRA) announces an update of the Mineral Resource for the Juomasuo gold deposit in Finland.
The Australian shares opened slightly lower on Thursday despite Wall Street's positive lead. The focus of the local market continued to be the company earnings reports. In early trade, both the S&P/ASX200 index and the All Ordinaries fell 0.1 per cent.
Australian shares today extended Friday's fall, dropping massively this morning. The Asian markets were broadly lower on Monday after the Dow Jones on Friday slumped 3.2 per cent due to the refresh fears on Europe debt. The Hungarian prime minister's spokesman said the country's economy was at risk of entering a Greek-style debt crisis. The benchmark S&P/ASX 200 index plunged more than 3 per cent in early trade.
Overnight Wall Street extended its gains on Reserve Bank of Australia's unexpected decision to raise the official interest rate. Investors saw the first rate hike in advanced economies since the global financial crisis as a key indication of recovery. The move also pushed commodities higher with gold soaring to a record.
US shares rebounded on Monday after a losing week hit by a series of disappointing economic reports. The market gained as Goldman Sachs recommended large banks and a report showed service industries returned to growth after 11 months of contraction.
Wall Street closed higher overnight on investors' buying in industrial and materials stocks. Meanwhile, the fears of trade dispute between the US and China was offset by the news that a Chinese wealth fund is in talks to take over a minority stake in the US power plant AES.
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