Stock Analysis

•Earningsbefore interest and tax (EBIT) rose only 1.2% to $207.0 million, which management said was in line with its budget and earlier guidance.

• Net profit after tax was $802 million, up 857 per cent on FY25, and underlying EBIT was $1,273.4 million.

• The group reported a weighted averageLeaseexpiry of 7.3 years at 30 June 2026, which it linked to the internalisation and a completed Bunnings lease reset and extension.

• For the year ended 30 June 2026, Brambles reported group sales revenue of US$7,043 million, up 2% at constant currency and 6% at actual exchange rates.

• In Australia, dealerRevenuewas $270m (up 8%), private seller revenue $108m (up 4%), media $86m (up 8%) and data, research and services $54m (up 5%).

• Pre-provision profit rose 6 per cent to $16,469 million, and cashReturn on Equityimproved by 50 basis points to 14.0 per cent.

•Earnings Per Sharewere 96.5 cents, and the fullyFranked Dividendwas 48.5 cents per share, up 70% on FY25.