Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Bunzl plc
  6. News
  7. Summary
    BNZL   GB00B0744B38

BUNZL PLC

(BNZL)
  Report
Delayed Quote. Delayed London Stock Exchange - 06/11 11:35:16 am
2308 GBX   +2.21%
06/07BUNZL  : Bank of America Downgrades Bunzl To Neutral From Buy, Cuts PT
MT
05/26BUNZL PLC  : Nomination
CO
05/20BUNZL PLC : Ex-dividend day for final dividend
FA
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Bunzl sees higher profit margin, revenue growth; shares hit record high

10/14/2020 | 03:23am EDT

(Reuters) - Bunzl Plc said on Wednesday it expects a slightly higher operating profit margin and stronger revenue growth in the second half, boosted by robust demand for the protective masks and gloves it has supplied in the COVID-19 crisis.

Shares of the company, which distributes products ranging from disposable tableware to latex gloves and cleaning chemicals to private and government sectors, rose about 6% to a record high of 2,710 pence to be perched at the top of the FTSE 100 index.

Bunzl said group revenue for the third quarter was up 4% at actual exchange rates and 8.8% at constant exchange rates.

"The 2020 performance year to date has been driven by strong sales of COVID-19 related products, from a combination of smaller orders and the more exceptional larger orders," the company said in a trading statement.

Bunzl resumed dividends in August as it reported first-half profit and revenue that surpassed analysts' expectations.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BUNZL PLC 2.21% 2308 Delayed Quote.-5.53%
FTSE 100 0.65% 7134.06 Delayed Quote.10.43%
MSCI UNITED KINGDOM (STRD) 0.49% 1178.462 Real-time Quote.13.75%
S&P UNITED KINGDOM (PDS) 0.61% 1420.05 Delayed Quote.10.88%
All news about BUNZL PLC
06/07BUNZL  : Bank of America Downgrades Bunzl To Neutral From Buy, Cuts PT
MT
05/26BUNZL PLC  : Nomination
CO
05/20BUNZL PLC : Ex-dividend day for final dividend
FA
05/18BUNZL  : To Purchase New Zealand's Obex Medical
MT
05/18BUNZL  : agrees to acquire healthcare business in New Zealand
PU
05/18BUNZL PLC  : Acquisition
CO
05/06BUNZL  : Goldman Sachs Cuts Bunzl PT, Keeps Neutral Rating
MT
04/30BUNZL PLC  : Monthly statement on outstanding equity shares and voting rights
CO
04/27BUNZL  : Morgan Stanley Lowers Bunzl To Underweight From Equalweight, Trims PT
MT
04/21BUNZL  : Records Over 5% Revenue Growth in Q1
MT
More news
Financials
Sales 2021 9 585 M 13 520 M 13 520 M
Net income 2021 371 M 524 M 524 M
Net Debt 2021 1 391 M 1 961 M 1 961 M
P/E ratio 2021 20,2x
Yield 2021 2,37%
Capitalization 7 714 M 10 881 M 10 881 M
EV / Sales 2021 0,95x
EV / Sales 2022 0,90x
Nbr of Employees 19 853
Free-Float 98,8%
Chart BUNZL PLC
Duration : Period :
Bunzl plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BUNZL PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 2 587,50 GBX
Last Close Price 2 308,00 GBX
Spread / Highest target 30,0%
Spread / Average Target 12,1%
Spread / Lowest Target -13,3%
EPS Revisions
Managers and Directors
NameTitle
Frank Andre van Zanten Chief Executive Officer & Director
Richard David Howes Chief Financial Officer & Director
Peter J. Ventress Chairman
Vanda Murray Senior Independent Non-Executive Director
Lloyd Mark Pitchford Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
BUNZL PLC-5.53%10 881
ITOCHU CORPORATION13.46%45 500
MITSUBISHI CORPORATION20.43%41 146
MITSUI & CO., LTD.34.80%37 957
ADANI ENTERPRISES LIMITED234.33%24 051
SAMSUNG C&T CORPORATION1.81%20 734