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Bunzl plc (BZLFY.PK)

BZLFY.PK on OTC Markets Group

25.29USD
12:46am IST
Change (% chg)

$-0.49 (-1.90%)
Prev Close
$25.78
Open
$25.38
Day's High
$25.39
Day's Low
$25.16
Volume
474,469
Avg. Vol
36,258
52-wk High
$33.85
52-wk Low
$24.13

Latest Key Developments (Source: Significant Developments)

Bunzl Reports HY Dividend Growth Of 2% To 15.5 Pence
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Bunzl plc ::H1 REVENUE 4.528 BILLION STG VERSUS 4.344 BILLION STG YEAR AGO.H1 ADJUSTED PRETAX PROFIT 264.9 MILLION STG VERSUS 257.9 MILLION STG YEAR AGO.GROUP'S EXPECTATIONS FOR 2019 REMAIN UNCHANGED.INTERIM DIVIDEND 15.5P.IN ACTIVE DISCUSSIONS WITH A NUMBER OF ACQUISITION TARGETS.ANTICIPATE WILL RESULT IN ADDITIONAL DEALS DURING REMAINDER OF YEAR.BOARD IS ALSO MONITORING DEVELOPING SITUATION WITH RESPECT TO TRADE TARIFFS IN NORTH AMERICA.CFO BRIAN MAY WILL BE SUCCEEDED BY RICHARD HOWES WHO WILL JOIN COMPANY ON 1 SEPTEMBER 2019.BUNZL - GROUP DOES NOT CONSIDER THAT ITS PRINCIPAL RISKS AND UNCERTAINTIES HAVE CHANGED AS A RESULT OF BREXIT OR US TRADE TARIFF RELATED RISKS.BUSINESS IN CANADA NEGATIVELY IMPACTED BY A LARGE GROCERY CUSTOMER IMPLEMENTING COST SAVINGS.BUNZL - IN SAFETY BUSINESS, FACED PRODUCT COST INCREASES FROM IMPORT TARIFFS, ITS IMPACT MITIGATED THROUGH PRICE INCREASES TO CUSTOMERS, OTHERS.BUNZL - IN SAFETY BUSINESS, IMPACT OF IMPORT TARIFFS MITIGATED THROUGH SOME RESOURCING OF PRODUCTS TO COUNTRIES WHICH DO NOT ATTRACT IMPORT TARIFFS.IN NORTH AMERICA, EXPECT FY UNDERLYING REVENUE TO REDUCE SLIGHTLY, PRINCIPALLY DUE TO LOWER SALES TO A LARGE GROCERY CUSTOMER.  Full Article

FMR Discloses Stake Of Below 5% In Bunzl Vs Prior Stake Of 6.67%
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Bunzl plc ::FMR LLC DISCLOSES STAKE OF BELOW 5% AS OF JULY 22 IN BUNZL VERSUS PRIOR STAKE OF 6.67% - FILING.  Full Article

Mawer Investment Management Discloses 5.04% Stake In Bunzl As Of July 16 - Filing
Friday, 19 Jul 2019 

July 19 (Reuters) - Bunzl plc ::MAWER INVESTMENT MANAGEMENT LTD DISCLOSES 5.04% STAKE IN BUNZL PLC AS OF JULY 16 - FILING.  Full Article

Bunzl Affirms FY Expectations
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Bunzl plc ::TRADING STATEMENT.EXPECTATIONS FOR YEAR ENDING 31 DECEMBER 2019 REMAIN UNCHANGED.GROUP'S EXPECTATIONS FOR YEAR ENDING 31 DECEMBER 2019 REMAIN UNCHANGED.GROUP REVENUE FOR HALF YEAR IS EXPECTED TO HAVE INCREASED BY APPROXIMATELY 4% AT ACTUAL EXCHANGE RATES.HY OVERALL TRADING CONSISTENT WITH SLOWING UNDERLYING REVENUE GROWTH INDICATED AT TIME OF Q1 TRADING STATEMENT IN APRIL.PIPELINE FOR ACQUISITIONS REMAINS ACTIVE AND, WITH ONGOING DISCUSSIONS TAKING PLACE.COMPANY EXPECTS TO COMPLETE FURTHER TRANSACTIONS DURING REMAINDER OF YEAR.  Full Article

Bunzl's Qtrly Revenue Rises 4 Pct At Actual Exchange Rates
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Bunzl Plc ::GROUP REVENUE IN Q1 HAS INCREASED 4 PCT AT ACTUAL EXCHANGE RATES.BUNZL ALSO ANNOUNCES THAT IT HAS RECENTLY ACQUIRED COOLPACK.REVENUE FOR RECENTLY ACQUIRED COOLPACK BUSINESS WAS 4.0 MILLION EUR IN 2018.WITH ONGOING DISCUSSIONS TAKING PLACE, COMPANY EXPECTS TO COMPLETE FURTHER TRANSACTIONS AS YEAR PROGRESSES.RATE OF UNDERLYING REVENUE GROWTH SLOWED DURING QUARTER DUE TO MIXED MACROECONOMIC, MARKET CONDITIONS ACROSS COUNTRIES IN WHICH GROUP OPERATES.COMPANY EXPECTS TO COMPLETE FURTHER TRANSACTIONS AS YEAR PROGRESSES.  Full Article

Bunzl Says FY Statutory Profit Before Income Tax £424.8 Mln
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Bunzl plc ::FY STATUTORY PROFIT BEFORE INCOME TAX £424.8M VERSUS £409.3M AS REPORTED A YEAR EARLIER.FY ADJUSTED PROFIT BEFORE INCOME TAX £559.0M VERSUS £542.6M.FY REVENUE £9,079.4M VERSUS £8,580.9M AS REPORTED A YEAR EARLIER.DIVIDEND FOR YEAR 50.2P VERSUS 46.0P."CONTINUE TO FACE INFLATIONARY PRESSURES ON OPERATING COSTS".GROWTH IN UK & IRELAND FOR 2019 TO BE IMPACTED BY DISPOSAL OF MARKETING SERVICES BUSINESS, UNCLEAR FUTURE ECONOMIC CONDITIONS IN UK.FY ORGANIC REVENUE GROWTH OF 4.3% WITH ALL BUSINESS AREAS CONTRIBUTING GROWTH OF 4% OR MORE.ABILITY TO SERVICE ITS CUSTOMERS' NEEDS, WHETHER THEY ARE INSIDE OR OUTSIDE THE EU, IS UNLIKELY TO BE AFFECTED MATERIALLY BY BREXIT.BOARD IS ALSO MONITORING THE DEVELOPING SITUATION WITH RESPECT TO TRADE TARIFFS IN THE UNITED STATES OF AMERICA.GROUP DOES NOT CONSIDER THAT ITS PRINCIPAL RISKS AND UNCERTAINTIES HAVE CHANGED AS A RESULT OF THE BREXIT OR US TRADE TARIFF RELATED RISKS.  Full Article

Bunzl Sees FY Group Rev Growth of 8-9 Pct At Constant Currency
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Bunzl plc ::BUNZL PLC - TRADING STATEMENT.BUNZL PLC - OVERALL PERFORMANCE IS CONSISTENT WITH EXPECTATIONS AT TIME OF Q3 TRADING STATEMENT IN OCTOBER.BUNZL PLC - GROUP REVENUE FOR YEAR IS EXPECTED TO INCREASE BY BETWEEN 8% AND 9% AT CONSTANT EXCHANGE RATES.BUNZL PLC - CURRENCY TRANSLATION MOVEMENTS ARE EXPECTED TO REDUCE FY CONSTANT EXCHANGE REVENUE GROWTH BY BETWEEN 3% AND 4%.BUNZL PLC - ALSO ANNOUNCES THAT IT HAS RECENTLY ACQUIRED CM SUPPLY, A FOODSERVICE DISTRIBUTOR BASED IN COPENHAGEN, DENMARK.BUNZL PLC - CONFIRMS PROPOSED ACQUISITION OF VOLK DO BRASIL CLEARED BY BRAZILIAN COMPETITION AUTHORITY; EXPECTED TO BE COMPLETED AT JAN BEGINNING.  Full Article

Bunzl Q3 Organic Rev Up 4 Pct, Buys Volk do Brasil
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Bunzl plc ::TRADING STATEMENT.RECENTLY ENTERED INTO AN AGREEMENT TO ACQUIRE VOLK DO BRASIL.OVERALL PERFORMANCE IS CONSISTENT WITH EXPECTATIONS AT TIME OF HALF YEAR RESULTS ANNOUNCEMENT IN AUGUST FOR PERIOD SINCE 30 JUNE 2018.OVERALL PERFORMANCE IS CONSISTENT WITH EXPECTATIONS AT TIME OF HALF YEAR RESULTS ANNOUNCEMENT IN AUGUST.ACQUIRED BUSINESS IS FORECAST TO ACHIEVE REVENUE IN 2018 OF R$200 MILLION.GROUP REVENUE FOR Q3 INCREASED BY 7% AT CONSTANT EXCHANGE RATES INCLUDING ORGANIC GROWTH OF APPROXIMATELY 4%.  Full Article

Bunzl Expects HY Group Revenue To Have Increased By 11 Pct At Constant Exchange Rates
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Bunzl plc ::TRADING STATEMENT.HY OVERALL TRADING IS CONSISTENT WITH EXPECTATIONS AT TIME OF Q1 TRADING STATEMENT IN APRIL.GROUP REVENUE FOR HALF YEAR IS EXPECTED TO HAVE INCREASED BY 11% AT CONSTANT EXCHANGE RATES.CURRENCY TRANSLATION MOVEMENTS ARE EXPECTED TO HAVE REDUCED CONSTANT EXCHANGE HY REVENUE GROWTH BY APPROXIMATELY 6 PERCENT.ANNOUNCES THAT IT HAS RECENTLY SOLD ITS MARKETING SERVICES BUSINESS IN UK WHICH HAS ANNUAL REVENUE OF £46 MILLION.EXPECTS TO COMPLETE FURTHER TRANSACTIONS DURING REMAINDER OF YEAR.PIPELINE FOR ACQUISITIONS REMAINS ACTIVE AND, WITH ONGOING DISCUSSIONS TAKING PLACE.HY REVENUE GROWTH DUE TO UNDERLYING GROWTH OF ABOUT 5% AND AN IMPACT FROM ACQUISITIONS, NET OF DISPOSALS, OF APPROXIMATELY 6%.  Full Article

Bunzl Says Q1 Group Revenue Increased 7 Pct At Actual Exchange Rates
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Bunzl plc ::GROUP REVENUE IN Q1 HAS INCREASED 7% AT ACTUAL EXCHANGE RATES.AT CONSTANT EXCHANGE RATES, Q1 REVENUE HAS RISEN BY 14% COMPARED TO SAME PERIOD LAST YEAR.PATRICK LARMON, EXECUTIVE DIRECTOR OF CO AND CEO OF BUNZL NORTH AMERICA BUSINESS AREA SINCE 2004, WILL BE RETIRING FROM BOARD AND CO WITH EFFECT FROM DEC 31.LARMON WILL BE SUCCEEDED IN HIS ROLE AS CHIEF EXECUTIVE OFFICER OF BUNZL NORTH AMERICA BY JAMES MCCOOL.  Full Article