CANBERA (dpa-AFX) - Brambles Ltd. (BXB.AX, BMBLF.PK), a pooling solutions
company, reported that its sales revenue from continuing operations for the
first quarter of the financial year ending 30 June 2024 were US$1.64 billion,
representing an increase of 13% at constant FX rates or 15% at actual FX rates
on the prior corresponding period.

Sales revenue growth was mainly driven by rollover contributions from prior-year
pricing initiatives. Group volumes were flat with both like-for-like and net new
business volumes broadly in line with the prior corresponding period.

Brambles reconfirmed its fiscal year 2024 guidance in constant-currency terms.

For the year ended 30 June 2024, Brambles still expects sales revenue growth of
between 6%-8% at constant currency; underlying profit growth of between 9%-12%
at constant currency;positive free cash flow before dividends of between US$450
million -US$550 million; and dividend payout ratio to be consistent with the
dividend payout policy of 45%-60% of underlying profit.

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