Brambles Limited Revenue Growth of 6% in 3Q20

Brambles Limited (ASX:BXB) notified the market about third quarter FY 2020 results for the period ended 28 March 2020. Key highlights are.

  • In the 3Q and in the first nine months of FY 2020, the sales revenue grew by 6 percent.

  • BXB’s Automotive and Kegstar segment accounts for nearly 5 percent of Group annual revenues. This segment is likely to have a material impact by shutdowns in key regions.
  • Revised FY 2020 Guidance (at constant FX rates) includes 5-7 percent of sales revenue growth and 3-5 percent of underlying profit growth.

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