Bunzl: FTSE 100 giant gears up for more dealmaking and share buybacks Business Bunzl said it was gearing up for another spate of dealmaking today as it bought back another tranche of its shares and reported a boost in earnings over the summer. In a trading update for the period since June, the FTSE 100 outfit said it had recorded a 5.4 per cent lift in revenues over [...]
Bunzl: FTSE 100 giant upgrades profit guidance amid record year for acquisitions Industrials Specialist distribution group Bunzl has upgraded its profit guidance once more and reported a strong first half as its resilient business model continued to hold up. The FTSE 100 company reported a decline in revenue of 0.4 per cent at constant exchange rates to reach £5.7b, with “underlying revenue trends improving in the second quarter [and] [...]
Bunzl upgrades guidance following string of successful acquisitions BUSINESS Specialist distribution group Bunzl has upgraded its operating profit guidance following a string of successful acquisitions.
Bunzl snaps up two more firms as dealmaking spree continues October 24, 2023 Outsourcing giant Bunzl has announced two more acquisitions, bringing its tally for the year to 14 and at a total spend of more than £425m.