19/02/2026 17:18

Brambles (BXB) $24.38

Brambles (BXB) +3.74%: Held guidance unchanged despite softer volumes — the market rewarded evidence that margins and costs are being managed tightly through a subdued demand environment. 

Read more

15/12/2025 09:26

Chart of the Week – Brambles Ltd (BXB)

The recent 8% pullback by the ASX has seen a number of high profile companies who delivered earnings beats in the last few months see all of their share price gains, and often more, wiped out by the weakness e.g. CAR Group (CAR), Super Retail Group (SUL), Nick Scali (NCK), and Brambles (BXB) illustrated below.

Read more

26/11/2025 09:44

Brambles Ltd (BXB) $23.64

Brambles (BXB) generates revenue primarily through rental and service fees from its global pallet and container-pooling business (mainly under the CHEP brand). Its hard to imagine a business generating $US6.7bn in revenue in FY25 from pallets but obviously there’s a little more to it than the annoying wooden pallets that end up on the driveway every time you get a delivery:

Read more

28/04/2025 16:34

Brambles (BXB) $19.83

BXB –5.03%: A soft third-quarter result from the transport logistics business showed decent new business growth in the Americas though this was offset by a poor outlook.  

Read more

25/10/2024 09:16

Brambles Ltd (BXB) $18.29

Global pallet giant BXB slipped 1.5% after 1Q24 sales growth came in below expectations, up 3% for the 1Q compared to FY25 guidance of 4-6%, not too bad compared to some we’ve witnessed.

Read more

22/08/2024 09:32

Brambles Ltd (BXB) $17.12

BXB soared +9.25% on Wednesday, hitting all-time highs after the global pallet giant announced a $US500mn share buyback and lifted its dividend payout ratio to reflect the company's improved cash flow - BXB reported a 77% rise in annual free cash flow. Brambles has invested heavily in improving asset efficiency and rolling out tracking devices to identify bottlenecks, an initiative that is paying dividends.

Read more

28/03/2024 09:38

Brambles Ltd (BXB) $16.08

Pallet business BXB has enjoyed the resilience demonstrated by global retailers over the last few years, and with interest rate cuts looking increasingly likely things look good for BXB. Our issue with BXB is around valuation, but as always, increasing earnings above current expectations generally solves that problem, while at this stage, the markets are comfortable with elevated valuations at this stage of the cycle.

Read more

22/02/2024 09:16

Brambles Ltd (BXB) $15.25

Pallet business BXB has enjoyed the surprising strength across global retailers, and with rate cuts on the horizon; as discussed earlier, the macroeconomic backdrop is improving for BXB after it performed strongly when many thought it would struggle.

Read more

07/09/2023 09:09

Brambles Ltd (BXB) $15.12

Australian pallet maker BXB surged after it delivered a lift in net profit of 10% to $US703.3mn in the 12-months ending June 30, the business successfully delivered significant prices rises (pricing power) to offset the consumer spending slowdown.

Read more

30/08/2023 17:02

Brambles (BXB) $15.15

BXB +7.07%: The global supply chain business delivered a good result today, at the high end of their FY23 guidance range, benefitting from falling input costs (mainly lumber), solid pricing and a good mix of earnings drivers, while they talked to positive momentum and ongoing improvements operationally i.e. there was plenty to like in today’s update.

Read more