Brambles Shares Drop 20 Percent on Lower Profit Outlook
Brambles cut its profit outlook to 3-5 percent citing U.S. repair constraints. Shares fell 20 percent as the firm expects a 60 million dollar earnings hit.
Brambles shares fell 20% to A$17.68 on Monday after the company cut its 2026 profit growth forecast. It is the steepest intraday decline for the Sydney-based firm since November 2002. The downgrade signals that labor and capacity constraints in the United States are impacting global supply chain efficiency.
### Repair Bottlenecks Squeeze Profit Margins Brambles lowered its full-year 2026 underlying profit growth outlook to 3%-5% on a constant-currency basis, down from previous guidance of 8%-11% growth. The company's shares hit a two-year low as the ASX200 benchmark index slipped 1.4% during the session.
