Brambles (ASX:BXB) reported Thursday that its earnings per diluted share in the fiscal first half rose to $0.319, from $0.292 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of AU$0.321.

Revenue for the six months ended Dec. 31, 2024, was $3.37 billion, up 3% from $3.27 billion in the same period last year. Analysts surveyed by Visible Alpha expected $3.51 billion.

The supply chain logistics company managing a pool of crates, containers, and pallets reaffirmed its fiscal year sales revenue growth of between 4%-6% at constant currency and underlying profit growth of between 8% to 11%.

BXB raised free cash flow before dividends guidance between $850 million to $950 million, up from their previous guidance of $750 million to $850 million.

Capital expenditure to sales ratio was lowered to about 12% to 14%, down from their previous guidance of 13% to 15%.

Non-pooling capital expenditure is expected to be about $210 million, down from the previous guidance of $280 million.

The board declared an interim dividend of $0.19 per share, up from the $0.15 in the previous reported period, payable on April 10 to shareholders on record as of March 13.