Edition:
United Kingdom

Bunzl plc (BNZL.L)

BNZL.L on London Stock Exchange

2,113.00GBp
21 May 2019
Change (% chg)

6.00 (+0.28%)
Prev Close
2,107.00
Open
2,122.00
Day's High
2,122.00
Day's Low
2,112.00
Volume
9,339
Avg. Vol
889,728
52-wk High
2,554.60
52-wk Low
2,026.00

Latest Key Developments (Source: Significant Developments)

Inchcape finance chief quits for Bunzl
Friday, 10 May 2019 

May 10 (Reuters) - Inchcape ::RICHARD HOWES TO STEP DOWN AS CHIEF FINANCIAL OFFICER OF INCHCAPE.RICHARD HOWES HAS RESIGNED TO TAKE UP ANOTHER OPPORTUNITY AS CFO AT BUNZL.HOWES WILL LEAVE INCHCAPE ON 31 AUGUST 2019.BOARD HAS BEGUN A PROCESS TO IDENTIFY A REPLACEMENT TO LEAD FINANCE FUNCTION.  Full Article

Bunzl Names Inchcape Finance Chief Richard Howes As CFO
Friday, 10 May 2019 

May 10 (Reuters) - Bunzl plc ::DIRECTORATE CHANGE.APPOINTMENT OF RICHARD HOWES AS CHIEF FINANCIAL OFFICER.BRIAN MAY HAS DECIDED TO RETIRE FROM COMPANY.HOWES IS CURRENTLY CHIEF FINANCIAL OFFICER OF INCHCAPE.  Full Article

Bunzl H1 Revenue Up 5 Pct To 4.34 Bln STG
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Bunzl plc ::H1 REVENUE ROSE 5 PERCENT TO 4.344 BILLION STG.A 9% INCREASE IN INTERIM DIVIDEND.HY ADJUSTED PROFIT BEFORE INCOME TAX 257.9 MILLION POUNDS VERSUS 248.3 MILLION POUNDS REPORTED LAST YEAR.HY STATUTORY PROFIT BEFORE INCOME TAX 197.3 MILLION POUNDS VERSUS 181.9 MILLION POUNDS REPORTED LAST YEAR.IT IS ANTICIPATED THAT RISKS ARISING FROM BREXIT WILL INCLUDE FOREIGN EXCHANGE VOLATILITY, A REDUCTION IN ECONOMIC ACTIVITY IN UK.LOOKING FORWARD TO REST OF YEAR, BOARD IS CONFIDENT THAT PROSPECTS FOR GROUP ARE POSITIVE.IT IS ANTICIPATED THAT RISKS WILL ALSO INCLUDE OPERATIONAL AND TRADING CONSEQUENCES OF IMPOSITION OF TRADE TARIFFS.BOARD IS ALSO MONITORING DEVELOPING SITUATION WITH RESPECT TO TRADE TARIFFS IN NORTH AMERICA."TOO EARLY TO UNDERSTAND FULLY IMPACT THAT BREXIT WILL HAVE ON GROUP'S OPERATIONS".  Full Article

Bunzl's top shareholder MFS almost halves stake- Filing
Wednesday, 21 Mar 2018 

March 21 (Reuters) - Bunzl Plc ::BUNZL PLC - MASSACHUSETTS FINANCIAL SERVICES CUTS STAKE IN BUNZL TO 4.87 PERCENT FROM 9.62 PERCENT- FILING.  Full Article

Bunzl FY Revenue Rose 16 Pct To 8.581 Billion Stg
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Bunzl Plc ::FY REVENUE ROSE 16 PERCENT TO 8.581 BILLION STG.FINAL DIVIDEND 32 PENCEPER SHARE.TOTAL DIVIDEND UP 10 PERCENT TO 46 PENCEPER SHARE.FY ‍ORGANIC REVENUE GROWTH INCREASED TO 4.3%​.‍FY ADJUSTED OPERATING PROFIT £589.3 MILLION VERSUS £525.0 MILLION​.‍FY ADJUSTED PROFIT BEFORE INCOME TAX £542.6 MILLION VERSUS £478.2 MILLION​.FY ‍GROUP OPERATING MARGIN* OF 6.9%, DOWN 20 BASIS POINTS ​.‍FY RETURN ON AVERAGE OPERATING CAPITAL OF 53.1%​.‍FY ADJUSTED EARNINGS PER SHARE 119.4P VERSUS 106.1P​.DISCUSSIONS ARE ONGOING WITH A NUMBER OF ACQUISTION TARGETS AND EXPECT TO COMPLETE FURTHER TRANSACTIONS AS YEAR PROGRESSES​.  Full Article

Bunzl Buys Two Firms In U.S. And UK, To Sell A Business In France​
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Bunzl Plc ::BUNZL PLC - ‍ACQUISITION​.BUNZL PLC - ‍ANNOUNCES ACQUISITION OF TWO FURTHER BUSINESSES IN US AND UK AND PROPOSED SALE OF A BUSINESS IN FRANCE​.BUNZL PLC - ‍ANNOUNCES THAT IN DECEMBER IT RECEIVED A BINDING OFFER RELATING TO PROPOSED SALE OF OPM IN FRANCE​.BUNZL PLC - ‍COMPANY CONFIRMS THAT ACQUISITION OF TALGE, WHICH WAS ANNOUNCED ON 23 NOVEMBER 201​.  Full Article

Bunzl Announces ‍Impact Of US Tax Legislation​
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Bunzl Plc ::‍IMPACT OF US TAX LEGISLATION​.‍ANTICIPATES THERE WILL BE NO MATERIAL IMPACT ON RESULTS FOR FY ENDED 31 DEC 2017 APART FROM A NON-CASH, NET TAX CREDIT DUE TO REVALUATION OF CERTAIN DEFERRED TAX BALANCES​.‍CHANGES ARE EXPECTED TO REDUCE GROUP'S EFFECTIVE TAX RATE FOR FINANCIAL YEAR ENDING 31 DECEMBER 2018 TO APPROXIMATELY 24%.​.  Full Article

Bunzl says FY Group Revenue For Year Is Expected To Have Increased By About 15%
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Bunzl Plc ::TO BUY LIGHTNING PACKAGING, WHICH REPORTED REVENUE OF 14 MILLION STG FOR YEAR ENDED MARCH 2017 .GROUP REVENUE FOR YEAR IS EXPECTED TO HAVE INCREASED BY APPROXIMATELY 15% AT ACTUAL EXCHANGE RATES.GROWTH IN ORGANIC REVENUE IS PRINCIPALLY DUE TO PREVIOUSLY ANNOUNCED ADDITIONAL BUSINESS WON IN NORTH AMERICA TOWARDS END OF 2016.AT CONSTANT EXCHANGE RATES FY REVENUE IS EXPECTED TO HAVE RISEN BY BETWEEN 9% AND 10%.PIPELINE FOR ACQUISITIONS REMAINS ACTIVE.YEAR HAS SEEN ACQUISITION SPEND FOR BUNZL OF APPROXIMATELY £600 MILLION WHICH EXCEEDS PREVIOUS HIGH OF £327 MILLION ACHIEVED IN 2015.  Full Article

Bunzl says Bunzl Finance Proposes Issue Of 300 Mln Stg Notes
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Bunzl Plc ::‍PROPOSED ISSUE BY BUNZL FINANCE PLC OF £300M 2.25% GUARANTEED NOTES DUE 2025​.  Full Article

Bunzl Plc says Q3 group revenue increased by 11 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - BUNZL PLC ::‍OVERALL PERFORMANCE IS CONSISTENT WITH EXPECTATIONS AT TIME OF HALF YEAR RESULTS ANNOUNCEMENT IN AUGUST​.‍AT CONSTANT EXCHANGE RATES, GROUP REVENUE FOR Q3 HAS INCREASED BY 11% COMPARED TO SAME PERIOD LAST YEAR​.‍HAS ACQUIRED, OR AGREED TO ACQUIRE, 11 BUSINESSES SO FAR THIS YEAR FOR A TOTAL COMMITTED SPEND OF APPROXIMATELY £550 MILLION​.‍WITH AN ACTIVE PIPELINE AND ONGOING DISCUSSIONS TAKING PLACE, COMPANY EXPECTS TO MAKE FURTHER ACQUISITIONS OVER COMING MONTHS​.IMPROVED ‍UNDERLYING GROWTH IN REVENUE OVER THIRD QUARTER OF BETWEEN 5% AND 6%​.  Full Article

Ex-divs to take 3 points off FTSE 100 on May 23

LONDON, May 20 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 3.02 points off the index. RIC Name Dividend Stock Option Impact (pence) Bunzl