2245 GMT - Pallet pooler Brambles' volume growth across all its segments should please investors, Citi analyst Samuel Seow reckons. He tells clients in a note that the Australia-listed company's first-half result appears to be materially positive, highlighting better volumes in the Americas and sequential sales growth in EMEA. Seow points out that the result implies a pick up in 2Q pallet volumes despite headwinds in fast-moving consumer goods. Citi has a neutral rating and A$18.50 target price on the stock, which is at A$19.62 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 19, 2025 17:45 ET (22:45 GMT)
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