Brambles shares jump after cash-flow guidance upgrade — what ASX investors watch next
Brambles shares rose 3.7% to A$24.38 after the company raised its full-year free cash flow outlook and declared a 21% higher interim dividend. Half-year sales revenue climbed 2% to US$3.53 billion, with underlying profit up 7% to US$792 million. The buyback plan remains on track. Volumes were flat as weak consumer demand offset new business gains.