Supply Chain News Will Brambles results change market perception?
November 11, 2010
Brambles financial results will be released next week and the industry is waiting with baited breath. Following the loss of ConAgra, Brambles has said that they have gained more accounts than they have lost. Brambles and CHEP have downplayed losses and trying to stay on message. The issue is, the market is unclear on what the message is as market value is at a 52-week low. Closing out the week Brambles stock has dipped to $5.23 per share. While there have been growth in several market sectors, Brambles organic growth was close to zero. The only market showing promise is the Asia-Pacific market and with the Loscam purchase could cause more problems in market perception.