Brambles Ltd
BXB: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$68.00 | Wwq | Synyhwql |
Brambles: Revenue Growth Driven by Pricing, With Volumes Yet to Recover
Wide-moat Brambles' revenue in the first three quarters of fiscal 2024 increased 7% on a constant-currency basis versus the previous corresponding period, or PCP. Revenue growth is being driven by price increases, with volumes down modestly as customers destock pallets they hoarded over the pandemic due to supply chain issues.