0218 GMT - Data on retailer stock intensity and U.S. sales of fast-moving consumer goods support UBS analysts' view that Brambles will report annual revenue at the lower end of guidance. The analysts write in a note that inventory data suggests that Brambles' CHEP pallets business ought to have experienced a slight tailwind during the December half from restocking activity. Brambles' reported volumes for the period were flat, they observe. The analysts add that separate Nielsen data suggests that this soft volume momentum is broadly unchanged into the June half, which rounds out Brambles' 2026 fiscal year. UBS keeps a neutral rating and A$25.40 target price on the stock, which is flat at A$22.61. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 11, 2026 22:18 ET (02:18 GMT)
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