BMBLF - Brambles Is A Defensive Business Growing Amidst COVID-19 Trading At A Discount
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Brambles (BMBLF) is a defensive business that continues to grow amidst COVID-19 pandemic and yet trades at a discount to its long-term average multiple. The company's publicly announced share buyback and dividend (2.5%) will provide additional returns for investors beside expected share price appreciation on the back of improving fundamentals of the business.
Business overview
Brambles is a global supply chain logistics company that specialises in the management