Brambles Industries PLC
01 November 2006
Brambles Industries plc
Company Number: 4134697
1 November 2006
BRAMBLES 2006 ANNUAL GENERAL MEETINGS
In the three months to the end of September, Brambles' sales and profits from
the continuing businesses of CHEP and Recall were well ahead of the comparative
period in the prior year.
CHEP had like for like sales growth of 6% in the three months to the end of
September, led by CHEP Americas where sales were 10% higher. In CHEP Europe
sales growth was 2%, with performance impacted by strong Reusable Plastic
Container ('RPC ') sales in the first quarter of the prior year. CHEP in the
rest of the world saw sales growth of 9%.
Overall CHEP is expected to deliver another year of good performance in 2007,
with continued operational improvements across the regions.
In the three months to the end of September Recall continued the improvements
seen in the second half of 2006. Sales were 18% higher, including the benefit of
the AUSDOC business acquired in December 2005.
The outlook for Brambles remains positive. Overall, we are continuing our
disciplined focus on value creation, building on the momentum of recent years.
In 2007, we expect further good progress in both CHEP and Recall together with
solid cash generation for the group.
For further information please contact:
Investor Sue Scholes, Head of Investor Relations +44 (0)20 7659 6012
Media Richard Mountain, Financial Dynamics +44 (0)20 7269 7291
Investor John Hobson, Head of Investor Relations +61 (0)2 9256 5216
+61 (0)407 436 711
Media Michael Sharp, Vice President Corporate +61 (0)2 9256 5255
+61 (0)439 470 145
Brambles is globally headquartered in Australia
This information is provided by RNS
The company news service from the London Stock Exchange