Company
Bunzl PLC
LON:BNZL
Bunzl is a FTSE 100 specialist distribution group with operations in 23 countries across 4 continents. Bunzl supplies a wide range of consumable products such as food packaging, disposable tableware and catering equipment, cleaning and hygiene supplies, guest amenities, personal protection equipment, packaging and healthcare consumables to various customer markets including grocery, foodservice, cleaning and safety, non-food retail and healthcare.
198 stories · page 4 of 10
Archive
FTSE 100 closes higher on hopes of Chinese reopening
At the close, the UK's blue chip index finished in a cheery mood, up 0.1% at 7,371 points
Bunzl leaves guidance unchanged after 'strong' third-quarter performance
The distribution group said it expects group operating margin in 2022 to be higher than historical levels and only slightly lower than that achieved in 2021
Bunzl 'deserves premium rating' - broker
The shares trade at 15 times 2023 earnings per share or an EV/EBITDA ratio of 9.8 times
Bunzl hikes interim dividend almost 7% as inflation supports margins
Six acquisitions were completed in the period, following 14 the previous year
Archive
FTSE 100 closes lower as US markets resume falls on rate hike concerns
At the close, the UK blue-chip index was down 65.68 points, or 0.9% at 7,361.62, just above the day’s low of 7,351.12 and well below the session peak of 7,486.40
Week ahead: Bunzl, Kainos, Ashmore, HP, Lululemon results plus UK housing and US jobs data
Other results and earnings in the week include Alfa Financial, CentralNic, Chesnara, Eco Animal Health, Eurocell, Gulf Keystone, Johnson Service and Omega Diagnostics
Bunzl has 'excellent scope' to deliver more steady upgrades - broker
Inflation "has perhaps relieved some cost pressures with client pricing agreements on cost inputs in place" say analysts at Shore Capital
Bunzl goes on global shopping spree with four more deals
“The group's strong balance sheet continues to support our compounding growth strategy, with our acquisition pipeline remaining active," said CEO Frank van Zanten
Bunzl, 168 years as an obscure company
Bunzl has bounced back strongly after the market turned its back on it at the start of the Covid pandemic.
Bunzl PLC's operating margins to be slightly higher than historical levels
The company expects higher annual revenue though inflation continues to bite
FTSE 100 finishes last day of June almost 2% lower as 'reality continues to bite' for investors
The blue-chip benchmark closed the last day of June out lower, shedding around 143 points, or 1.96%, at 7,169
UK economy, oil services and plastic forks on Thursday's agenda with updates on GDP, Hunting and Bunzl
Thursday's company news is a little thin but Bunzl has been doing well recently
Bunzl to buy German cleaning and hygiene business
The international distribution and services group said it will buy German-based Hydi.de
Bunzl says inflation boosts revenue growth in first quarter
"Overall, inflation remained particularly supportive to our businesses in North America," the company said
Bunzl sees 'strong' full-year performance with revenue growth boosted by acquisitions
The distribution and services company expects revenue for 2021 to grow by 2% year-on-year at actual exchange rates and by 7% on a constant currency basis
Bunzl now expects a wee bit of underlying revenue growth in 2021
Underlying revenue growth at constant exchange rates was 2.5% in the third quarter
Bunzl revenues still boosted by COVID-19 related demand
Sales of the top eight Covid-19 related products contributed 6.4% to the underlying growth
Bunzl weak as Barclays downgrades rating to 'equal-weight' from 'overweight'
The bank also cuts its target price for the stock to 2,350p from 2,750, with Bunzl shares currently trading at 2,411p, down 1.4% on Thursday's close