Added to YB: 2026-05-20
Pitch date: 2026-05-18
BXB.AX [neutral]
Brambles Limited
-2.01%
current return
Author Info
Company Info
Brambles Limited operates as a supply-chain logistics company. It operates through CHEP Americas, CHEP EMEA, and CHEP Asia-Pacific segments.
Market Cap
AUD 21.3B
Pitch Price
AUD 17.89
Price Target
N/A
Dividend
2.91%
EV/EBITDA
10.81
P/E
23.49
EV/Sales
3.42
Sector
Commercial Services and Supplies
Category
turnaround
Brambles - the pallet maintenance issue
BXB.AX (update): Missed earnings on repair capacity constraints in US Northeast/Central network in Apr'26. Reddit posts signal pallet shortages & ignored customer calls. Mgmt previously cited 4M excess US pallets (Jan'25), now claims 2M shortage—but excess was likely unrepaired inventory in 'graveyard.' CEO Chipchase less forthcoming than expected; integrity concerns vs earlier turnaround thesis under new leadership.
Read full article (3 min)