Brambles Ltd. reported its FY25 results, showcasing a 3% increase in sales revenue at constant FX rates, reaching US$6.67 billion. The company achieved an underlying profit of US$1.37 billion, reflecting a 10% rise at constant FX, while the operating profit after tax from continuing operations grew by 13% to US$864.2 million. Basic earnings per share from continuing operations increased by 14% to US 62.5¢. Including discontinued operations, profit after tax reached US$896.0 million, a 16% increase at constant FX, with basic earnings per share rising by 17% to US 64.8¢. Brambles highlighted the benefits of its transformation program, which contributed to volume growth, operating leverage, and free cash flow outperformance. The company announced a US$400 million buy-back for FY26, aiming to further enhance shareholder value. The pooling capital expenditure to sales ratio improved by 0.7 points to 12.3%, supported by asset efficiency initiatives. Free cash flow before dividends increased by US$212.1 million to US$1.09 billion, driven by lower capital expenditure and higher earnings. CEO Graham Chipchase commented on the company's resilience amid macroeconomic uncertainties, attributing success to the multi-year transformation program. The company achieved notable new customer contract wins, which helped offset challenges in underlying demand.