Brambles Ltd (ASX: BXB) shares are soaring 5.04% in Thursday's intraday trading following the release of its impressive fiscal year 2025 results and the announcement of a new share buyback program. The global pallet giant has demonstrated resilience and growth despite macroeconomic uncertainties, particularly in the US market.
The company reported a 3% increase in sales revenue to US$6.67 billion and a significant 15% growth in profit after tax, reaching US$896.0 million. Earnings per share (EPS) also saw a notable rise of 16% to US 64.8 cents. These strong financial results were attributed to Brambles' successful multi-year transformation program, which has enhanced customer experience, digital initiatives, and asset efficiency.
Investors were further enthused by Brambles' announcement of a new US$400 million on-market share buyback for the fiscal year 2026, reflecting the company's robust balance sheet and strong cash flow generation. Additionally, the board raised the final dividend to 20.83 US cents per share, up from 19.0 US cents in the previous year, bringing the total FY25 dividend to 39.83 US cents per share, a 17% increase. Looking ahead, Brambles provided a positive outlook for FY26, projecting sales revenue growth of 3-5% and underlying profit growth of 8-11% at constant currency rates, further bolstering investor confidence in the company's future performance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.