About Brambles

About Brambles

Brambles is a supply-chain logistics company operating in more than 60 countries, primarily through the CHEP and IFCO brands.

Making Supply Chains More Efficient, Safe and Sustainable

Who we are…

Brambles Limited is an ASX-listed supply chain logistics company with operations in over 60 countries. Brambles’ purpose is to connect people with life’s essentials, every day.

What we do…

The way the world makes, moves and sells goods is being transformed. Under the CHEP and IFCO brands Brambles helps move more goods to more people, in more places than any other organisation on earth. That’s why Brambles can make a real contribution to a smarter, more sustainable future. As pioneers of the sharing economy, Brambles created one of the world's most sustainable logistics businesses through the share and reuse of its platforms under a model known as ‘pooling’.

Our customers…

CHEP and IFCO pallets, crates and containers form the invisible backbone of the global supply chain and the world’s biggest brands trust Brambles to help them transport goods more efficiently, sustainably and safely. Brambles primarily serves the fast-moving consumer goods (e.g. dry food, grocery, and health and personal care), fresh produce, beverage, retail and general manufacturing industries. The scale and density of the Brambles network allows a faster and more responsive approach to customers’ changing needs.

At 30 June 2017, the Group...

Held leading positions in…







~590 million

pallets, crates and containers

Operated a network of...


service centres

Our Brands and Operations...

Brambles operates primarily through the CHEP and IFCO brands and manages its businesses within the following operating segments:

The RPC (Reusable Plastic Crates) businesses in Europe, North America, South America and Asia operating under the IFCO brand

The pallet and container pooling businesses in the Americas

The pallet and container pooling businesses in EMEA and the CHEP-branded RPC business in South Africa

The pallet and container pooling businesses in Asia-Pacific and the CHEP‑branded RPC business in Australia and
New Zealand

View our Countries of Operation

Operating Model

Brambles is the world-leading provider of supply chain logistics solutions based on the provision of reusable pallets, crates and containers for shared use by multiple participants throughout the supply chain, under a circular ‘share and reuse’ model known as pooling.

With in-depth knowledge of how supply chains work, Brambles has unique expertise that leverages its network advantage to provide customers with logistics solutions that improve the efficiency, safety and sustainability of their supply chains.

Inherently Sustainable Operating Model

Brambles’ operating model follows the principles of the circular and sharing economies, which create more efficient supply chains by reducing operating costs and demand on natural resources. By promoting the reuse of assets among multiple parties in the supply chain, Brambles offers customers a more efficient and sustainable alternative to the use of disposable products or managing their own proprietary platforms.

Network Advantage and Supply Chain Expertise

Brambles’ operating model is underpinned by its superior network advantage and industry-leading supply chain expertise, which have been developed over 70 years of managing customers’ supply chains.

With leading positions in over 60 countries, Brambles’ network advantage comprises the superior scale and density of its service centre network and the strength of its customer relationships in every market in which it operates.

Sustainability Framework

Brambles’ sustainability framework organises the Group’s sustainability activities and goals under three broad programs: Better Business; Better Planet; and Better Communities.

The Group’s 2020 goals are incorporated into this framework and address the material sustainability aspects of Brambles’ value chain. These goals are also aligned to the United Nations Sustainable Development Goals (SDGs), in particular: SDG 12 Responsible Consumption and Production, which aligns with Brambles’ sustainable business model. Further details of Brambles’ sustainability framework and 2020 goals are located on Brambles’ website.

In FY17, Brambles’ Sustainability Risk Committee conducted a review of the economic, environmental and social sustainability risks to which the Group is subject. This review identified material sourcing and safety as the Group’s material sustainability risks. Details of the Group’s FY17 safety performance and material sourcing are detailed on pages 8 and 9 respectively. A full review of Brambles’ sustainability risks and performance will be included in the 2017 Sustainability Review scheduled for publication in September 2017.

Customer Value Proposition

Brambles is integral to its customers’ supply chains, optimising the flow of goods across the fast-moving consumer goods, fresh produce, beverage, retail and general manufacturing industries, globally.

With an inherently sustainable business model, superior network advantage and unique expertise, Brambles helps customers achieve operating and financial efficiencies otherwise not available through the use of disposable alternatives or proprietary platforms.

End-to-End Supply Chain Solutions

Brambles plays an integral role in customers’ supply chains, working closely with all participants including manufacturers, producers, growers and retailers. With end-to-end visibility, Brambles has unique insights into what impacts the safe, efficient and sustainable operation of global supply chains.

By leveraging these insights and its unmatched expertise, Brambles offers customers comprehensive solutions that improve the performance of the supply chain and help address the challenges associated with the increasing complexity and rapid evolution of modern supply chains. Brambles’ suite of customer solutions comprises:

Brambles offers customers the widest range of supply chain platforms including: pallets (timber, plastic and display), RPCs, bins, specialised containers as well as unit-load containment and safe handling equipment.

By eliminating the need for customers to purchase and manage their own platforms, Brambles reduces the capital requirements and complexity of customers’ operations while simultaneously reducing waste from their supply chains.

Brambles conducts in-depth studies of customers’ supply chains to map the flow of goods, information and platforms in order to identify the causes of network inefficiencies and product damage.

By determining the optimal mix of platforms and processes for customers’ individual supply chains, Brambles can mitigate network inefficiencies and ensure the safe and sustainable transportation of goods through the supply chain.

Brambles’ superior network scale provides a unique capability to coordinate collaboration between multiple supply chain participants to deliver transport efficiencies. This includes matching and eliminating empty transport lanes, sharing transport and contracting transport for and from customers.

Brambles works closely with customers to develop store‑solution strategies and consumer-facing platforms that improve the efficiency of the shared supply chain by increasing sales at lower costs to the supplier, retailer and consumer.

These merchandising and fulfilment solutions, which include full size and fractional display pallets, trays and RPCs, effectively reduce the time, labour and activity required to move goods from the point of production to the point of sale.

Using its experience in managing platforms, optimising automated facilities and packaging performance testing, Brambles has developed solutions that improve the overall performance and efficiency of customers’ facilities.

These solutions include: customising customers’ platform processes; optimising how customers configure, build and protect product loads; and providing higher quality platforms and engineering counsel to improve the performance of automated facilities.

Environmental Benefits

Brambles’ supply chain solutions help customers address key sustainability issues by managing deforestation risks associated with sourcing of wood for pallets and preventing the carbon emissions and solid waste associated with the production, use and disposal of single-use platform solutions. In 2017, Brambles successfully helped customers:

Eliminate 2.5 million tonnes of CO2 and 1.4 million tonnes of waste by using pallets and RPCs

Save 1.6 million cubic metres of raw materials through the repair and reuse of pallets

Save 1.6 million trees and 4,600 megalitres of water through the share and reuse of pallets and RPCs

Eliminate 4,329 tonnes of food waste through the use of RPCs

Strategic Priorities

Brambles is committed to leveraging its global scale and industry-leading expertise as it collaborates with its customers to build the supply chains of the future.

Faced with a rapidly changing and increasingly competitive operating environment, Brambles’ five strategic priorities are integral to the delivery of superior value for customers, shareholders and employees.

Brambles’ network advantage, comprising the scale and density of its customer and service centre network and its industry-leading asset management expertise, is critical to the Group’s value proposition for both its customers and investors.

By investing in platform quality and a differentiated, value-enhancing service offering, Brambles is committed to optimising its network, growing its business and strengthening its industry-leading position.

Through a focus on Group-wide operational and organisational efficiencies, Brambles seeks to offset the impact of cost inflation and competitive price pressures.

To achieve additional efficiencies, Brambles will seek to leverage its global scale and implement global best practice in areas such as procurement, plant automation and transport optimisation.

Brambles allocates capital to maintain and grow its existing businesses, to drive innovation and to diversify its portfolio of products and services.

Going forward, Brambles will adopt a more disciplined approach to capital allocation focused on: growing businesses with proven economic returns; a more measured expansion of new businesses achieving the right balance between near- and long-term returns; investing in innovation to deliver differentiated customer solutions; and a more focused strategy in relation to mergers and acquisitions.

A key strategic objective for the Group is improving the cash generation of the business. Brambles aims to achieve this through an increased focus on improving asset utilisation, reducing equipment loss and lowering equipment damage rates.

Understanding customers’ evolving needs and providing differentiated value-enhancing solutions is core to the sustainability of Brambles’ business model and competitive advantage.

Faced with a changing retail landscape, including the expansion of e-commerce and omni-channel retail formats, Brambles is investing in new platform solutions that enable its customers to increase sales, gain greater market insights and improve operational efficiencies.

Brambles is also increasing its investment in its BXB Digital business, which is working to apply technology to collect and transform data into services that track goods, optimise operations and improve supply chain efficiency.

Successfully attracting and retaining high calibre people is integral to Brambles’ ongoing success.

Brambles’ key priorities for its employees are safety, engagement and capability. The Group is committed to fostering a culture of agility and innovation where employees can grow their skills and capabilities through comprehensive, world-class development programs.

Investor Value Proposition

Brambles generates value through a virtuous circle that leverages its network advantage of scale, density and expertise to achieve superior operational efficiencies.

These efficiencies in turn generate cash flow that can either be returned to shareholders or reinvested in the business to fund growth, innovation and development of its people.

Long-term Value Creation and Superior Shareholder Returns

Brambles shares the efficiencies generated by its scale, density and expertise with its customers, providing a compelling value proposition compared to alternatives. By providing customers with supply chain solutions in over 60 countries, Brambles offers shareholders exposure to geographically diversified earning streams primarily from the global consumer staples sectors.

The supply chains served by Brambles also provide a broad range of growth opportunities including: increasing penetration of core equipment-pooling products and services in existing markets; diversifying the range of products and services; entering new and adjacent parts of existing supply chains; and exploring the digitisation of supply chains.

Within this context, Brambles is committed to striking the right balance between growing its business and delivering superior shareholder returns over the long term. By focusing on its core drivers of value, Brambles expects to deliver through the cycle:

Sustainable growth and returns well in excess of the cost of capital

  • Sales revenue growth2 in the mid-single digits;
  • Underlying Profit growth2 in excess of sales revenue growth; and
  • Return on Capital Invested in the mid-teens.

Cash generation to fund growth, innovation and shareholder returns

  • Free Cash Flow sufficient to fully fund capital expenditure and dividends

Dividend Policy and Payment

Brambles has a progressive dividend policy. Under this policy, the Group seeks to maintain or increase dividend per share each year, in Australian cents, subject to its financial performance and cash requirements.

The Board has declared a final dividend for 2017 of 14.5 Australian cents per share, in line with the previous interim and final dividend. The 2017 final dividend will be 30% franked and is payable on 12 October 2017 to shareholders on the Brambles register at 5.00pm on 14 September 2017. The ex‑dividend date is 13 September 2017.

Total dividends for the Year were 29.0 Australian cents per share, in line with the prior year. Brambles paid the 2017 interim dividend of 14.5 Australian cents per share on 13 April 2017.

Dividend Reinvestment Plan

Brambles’ Board maintained the Dividend Reinvestment Plan (DRP) for the 2017 financial year. Shares issued under the DRP do not attract a discount. Any dilutive impact on earnings per share of DRP-issued shares will be neutralised through the transfer of existing shares to participating shareholders via on‑market purchases rather than issuing new shares to them.

ESG Recognition

Third-party Environmental, Social and Governance (ESG) investor research consistently recognises Brambles’ strong governance processes and the long-term sustainability of its business model and strategies. In 2017, Brambles was placed amongst the leading companies in the global industrial services sector by the following ESG research firms:

Cash Flow from Operations


Up US$72.7m

Return on Capital Invested1


Down 2.3 percentage points at constant currency

Brambles Injury Frequency Rate (BIFR)


Down from 9.7 in FY16

Sales Revenue1


Up 6% at constant currency

Underlying Profit1


Down 1% at constant currency

Total Dividends

29.0 AU cents per share

Final dividend of 14.5 AU cents per share (30% franked)

1Continuing operations