Report
Adam Fleck
EUR 100.00 For Business Accounts Only

Brambles Beginning to Look Fairly Valued Following Fiscal 2018 Results

Wide-moat Brambles' full-year results reflect continued inflationary pressures that kept a lid on substantial profit growth. Underlying net profit after tax of USD 656 million tracked our forecast for USD 636 million, up 7% from the prior fiscal year, trailing revenue growth. But we remain positive on the firm's long-term opportunity. We're encouraged that the company saw continued volume gains, improved new-business wins, and pricing actions that helped to partially offset transport and lumber ...
Underlying
Brambles Limited

Brambles is a supply-chain logistics company operating primarily through the CHEP and IFCO brands. Co. has three segments: Pallets segment, which primarily serves the consumer goods, fresh produce and beverage industries, and sub-divided into three regions: Americas, Europe, Middle East and Africa, and Asia-Pacific; Reusable Plastic or Produce Crates segment, which serves the fresh produce and food industry and comprising the IFCO RPC pooling business worldwide and the CHEP RPC pooling businesses in Australia, New Zealand and South Africa; and Containers segment, which comprises four business units: Automotive, Intermediate Bulk Containers, Oil and Gas, and Aerospace.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Adam Fleck

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