Brambles wields pricing power as critical link in US supply chain
It’s rare for a $17 billion company such as Brambles to surge on the back of an earnings release. But CEO Graham Chipchase shows the benefits of being a critical link in the US supply chain.
Brambles, the global leader in pallet pooling, is shedding its image as the poorly performing lumbering giant thanks to a new-found realisation of its pricing power.
The stock looks likely to crack a record-high in the year ahead based on the pricing momentum revealed in the latest profit result published on Wednesday.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
