BUZZ-Australia's Brambles rises on stronger HY results

Reuters
Feb 19
BUZZ-Australia's Brambles rises on stronger HY results

** Shares of Brambles BXB.AX rise as much as 6.4% to A$25.00, hitting their highest level since November 3, 2025

** Stock set for best intraday trading session since August 21, 2025

** Supply chain logistics co posts 7% rise in HY underlying profit to $792 mln

** Declared HY26 dividend of 23 US cents per share, up 21% on HY25

** Co, however, lowered FY26 sales revenue growth at constant FX rates to 3-4% from 3-5% seen earlier

** With revenue growth guidance again lowered for FY26, concern remains that net-new wins are getting harder for the business to deliver - Jefferies

** Stock up 8.1% YTD, as of last close

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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