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    BXB   AU000000BXB1

BRAMBLES LIMITED

(BXB)
  Report
Delayed Australian Stock Exchange  -  01:10 2022-10-03 am EDT
11.23 AUD   -1.58%
09/27Brambles' 2022 Sustainability Review : on track to deliver on its 2025 targets
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09/14Brambles Limited Announces Company Address Changes
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09/07BRAMBLES LIMITED : Ex-dividend day for final dividend
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Australia shares flat as miners offset CSL drag, NZ falls ahead of rates decision

08/16/2022 | 09:21pm EDT

Aug 17 (Reuters) - Australian shares were flat in choppy trade on Wednesday, as a sharp drop in biomedical giant CSL Ltd after it posted lower annual profit was offset by gains in miners.

The S&P/ASX 200 index was up 0.03% by 0025 GMT.

The benchmark shuffled between the positive and negative territory in early trade, reflecting cautious investor sentiment ahead of the release of July employment report on Thursday.

Market attention was however fixed on the ongoing corporate earnings.

CSL plunged up to 6% at open before paring some losses to trade 3.3% lower, after it disappointed market with a lower annual profit.

This weighed on the health sub-index, down as much as 4% to its lowest levels in more than a month.

Aussie miners, on the other hand, rose as much as 1.2%, helping offset the drag from CSL, with major miners Rio Tinto and BHP Group gaining more than 1.2%, each.

The industrials sector outperformed with a 1% jump, helped by gains in Fletcher Building and pallets maker Brambles on upbeat earnings.

A decline in crude oil prices drove a 0.7% drop in the energy sub-index. Energy producer Santos shed 1.4%, even as its interim profit grew four-folds.

In New Zealand, investors await the central bank's policy meeting later in the day, where it is widely expected to hike rates by another half-point to contain runaway inflation. The country's benchmark S&P/NZX 50 index reversed gains to fall 0.2%.

Elsewhere in Asia, Japan's Nikkei was up 0.85% and the S&P 500 E-minis futures were down 0.04%.

(Reporting by Savyata Mishra in Bengaluru; Editing by Rashmi Aich)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BHP GROUP LIMITED 0.21% 38.6 Delayed Quote.17.38%
BRAMBLES LIMITED -1.58% 11.23 Delayed Quote.7.34%
CSL LIMITED -0.62% 283.26 Delayed Quote.-1.96%
SANTOS LIMITED 1.13% 7.17 Delayed Quote.12.36%
All news about BRAMBLES LIMITED
09/27Brambles' 2022 Sustainability Review : on track to deliver on its 2025 targets
PU
09/14Brambles Limited Announces Company Address Changes
CI
09/07BRAMBLES LIMITED : Ex-dividend day for final dividend
FA
08/19UBS Adjusts Brambles' Price Target to AU$14.10 From AU$13.70, Keeps at Buy
MT
08/17Brambles : DRP Letter to Shareholders
PU
08/16Brambles' Net Profit Jumps 18% in FY22; Shares Jump 5%
MT
08/16Australia shares flat as miners offset CSL drag, NZ falls ahead of rates decision
RE
08/16Brambles Shares Rise Despite Cost, Supply-Chain Uncertainty
DJ
08/16Brambles Limited Provides Sales Guidance for the Fiscal 2023
CI
08/16Transcript : Brambles Limited, 2022 Earnings Call, Aug 17, 2022
CI
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Analyst Recommendations on BRAMBLES LIMITED
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Financials (USD)
Sales 2023 5 942 M - -
Net income 2023 618 M - -
Net Debt 2023 2 486 M - -
P/E ratio 2023 16,6x
Yield 2023 3,39%
Capitalization 10 142 M 10 142 M -
EV / Sales 2023 2,13x
EV / Sales 2024 2,03x
Nbr of Employees 12 000
Free-Float 99,7%
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Technical analysis trends BRAMBLES LIMITED
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 7,32 $
Average target price 8,84 $
Spread / Average Target 20,8%
EPS Revisions
Managers and Directors
Graham Andrew Chipchase Chief Executive Officer & Director
Nessa Ita O'Sullivan Chief Financial Officer-Designate
John Patrick Mullen Non-Executive Chairman
Rodney Hefford Chief Information Officer
Enrique Montanes Garcia Chief Operations Officer
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