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 2009-02-17 Brambles H1 profit drops 28 percent

Brambles Ltd (BXB.AX), the world's top pallet supplier, reported a 28 percent drop in its first-half profit, the company said in a statement on Monday.

The company, whose pallets trays are used by consumer goods companies worldwide to carry merchandise to stores, said net profit for six months ended Dec. 31 totalled $212.8 million, compared with $293.7 million a year earlier. ($1=A$1.53) (Reporting by Denny Thomas;) ((denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging

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