Supply chain and information management solutions provider Brambles Ltd confirmed today that it has lost one of its biggest customers in the United States but asserted that the loss would have no impact on its 2010 accounts.

In a statement, Brambles said US food company ConAgra has advised CHEP Americas late last week of its intention to transfer most of its volumes to an alternative pallet pooler.

Brambles said the loss has no impact on the company's 2010 financial year results as ConAgra's contribution to Brambles' annual sales revenue amounts to less than 1 per cent of Brambles' total annual sales revenue.

Brambles chief executive Tom Gorman said, "It is always disappointing to lose business. We are focused on delivering customer needs and strengthening our product offering in CHEP USA through the Better Everyday program, which remains on track. Customer feedback on Better Everyday continues to be positive."

Gorman remains optimistic on CHEP USA operations.

"Since the introduction of the Better Everyday program in October 2009, CHEP USA has won contracts with combined annualised volume greater than that of the contracts it has lost, including the volumes lost to ConAgra," said Gorman.

Brambles said it remains focused on pursuing profitable growth opportunities and is expecting strong growth in emerging markets in central and eastern Europe and the Middle East.

Brambles posted a profit of $557.8 million for the 2009 financial year.

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