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BRIEF-Brambles announces FY guidance

Published 23/01/2017, 08:51 am
© Reuters.  BRIEF-Brambles announces FY guidance
BXB
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Jan 23 (Reuters) - Brambles Ltd BXB.AX :

* Asx alert-brambles'first-half 2017 trading update-bxb.ax

* It expects first-half constant-currency sales revenue growth of approximately 5%

* expects constant-currency sales revenue and underlying profit growth for year ending 30 june 2017 to be below its current guidance range

* "our first-half result includes small loss from investment in hfg joint venture, which continues to operate in challenging market conditions"

* "due to its recent financial performance an impairment review of our investment in hfg is underway"

* expects first-half constant-currency underlying profit growth of approximately 3% Source text for Eikon: Further company coverage: BXB.AX

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