Brambles Enjoys Constant-Currency Sales Gain of 8 Percent, Down 2 Percent on Strength of U.S. Dollar
Brambles Limited has reported sales of over US$1.3 billion for the first three months of the financial year ending 30 June 2016, down 2 percent compared with the prior corresponding period. This, the company stresses, results from the translational impact of the strength of Brambles’ reporting currency, the US dollar. Constant-currency sales revenue was up 8 percent.
Excluding the contribution of acquisitions made since the start of the prior comparable period, primarily Ferguson Group in September 2014, constant-currency growth was 7 percent.
Brambles’ CEO Tom Gorman said: “Our constant-currency trading performance for the first quarter reflects a solid run rate, consistent with our previously stated guidance for FY16 sales revenue and Underlying Profit growth of between 6 percent and 8 percent, at constant currency. The largest contributors to growth were new business wins in the Pallets operations worldwide and continued strong conversions with new and existing retailers in Europe in RPCs.”
Ingrid Faber Named #1 Entrepreneur in Opzij Magazine‘s Most Influential Women in the Netherlands, 2015
The monthly magazine, Opzij has announced their list of Most Influential Women in the Netherlands, 2015.
Ingrid Faber, CEO of Pooling Partners, the umbrella brand of Faber Halbertsma Group Ltd., was named #1 entrepreneur.
With their Top 100, consisting of ten Top 10 lists in several categories, Opzij aims to put highly successful career women centre stage. On their search for the most influential women, editorial staff consulted with more than 50 experts, assessing the women, their power roles and functions, how well they utilise those roles and functions, and their overall visibility.
To read more, visit https://www.opzij.nl/top100/index.html.