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BRIEF-Brambles Ltd updates on outlook

Published 22/02/2016, 08:36 am
© Reuters.  BRIEF-Brambles Ltd updates on outlook
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Feb 22 (Reuters) - Brambles Ltd BXB.AX :

* Brambles 1h16 results asx and media release BXB.AX

* Says now expect to achieve constant- currency sales revenue and underlying profit growth in FY 2016 of between 8% and 10%

* Anticipate net finance costs will be lower than previously forecast, at between US$115 million and US$120 million, at 30 June 2015 foreign exchange rates

* Says continue to expect an effective tax rate of 29%

* Says "continue to anticipate a constant-currency increase in return on capital invested prior to the impact of acquisitions made since December 2013"

* On course for a strong result in FY 2016 and are confident in the robustness of our longer-term outlook"

* Says "we are on course for a strong result in FY 2016 and are confident in the robustness of our longer-term outlook"

* Source text for Eikon ID:nASX1ZC41y

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