2346 GMT - Brambles' FY 2026 guidance looks conservative to RBC analyst Owen Birrell. He thinks that investors may be disappointed by the pallet provider's expectation of 3%-5% sales revenue growth, which falls short of his 6% forecast. The top end of its free cash flow guidance range is also lower than he had anticipated. The warning of slight like-for-like volume declines against an uncertain economic backdrop appears very conservative, Birrell adds. RBC has a last-published outperform rating and A$25.00 target price on the stock, which is at A$23.23 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
August 20, 2025 19:46 ET (23:46 GMT)
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