Brambles (ASX: BXB) provides Q3 FY2022 trading update

Brambles Limited (ASX: BXB) reported sales revenue from continuing operations of US$4,067.0 million for initial 9 months of FY2022. It represents a growth of 7% at actual FX rates on the previous corresponding period.

Group sales volumes were mostly consistent with the previous corresponding period. It signifies net new business wins in European pallets and Australian RPCs counterbalancing lower like-for-like volumes with current customers in North American as well as European pallets as these businesses drove robust demand in the previous year.

• CHEP Americas sales revenue grew 11% at constant FX rates.
• CHEP EMEA sales revenue improved 6% at constant FX rates.
• CHEP APAC sales revenue was up 5% at constant FX rates.

Brambles operates in over 50 nations, mainly via the CHEP and IFCO brands.

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