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Bunzl Q1 Underlying Revenue Growth At Approx. 1.5%; Buys Coolpack - Quick Facts

Bunzl plc (BZLFY.PK,BNZL.L) reported that its fist-quarter underlying revenue growth was approximately 1.5%. In North America, the Group recorded underlying growth of approximately 1%. In Continental Europe, UK & Ireland and Rest of the World, overall underlying revenue growth was approximately 2%.

First-quarter Group revenue was up 4% at actual exchange rates. At constant exchange rates, revenue, adjusted for the impact of the number of trading days, were up approximately 2.5%.

Bunzl has recently recently acquired Coolpack, a Netherlands-based distributor dealing with the supply of specialist packaging to various sectors. Also, Bunzl said it is in discussions to complete potential acquisitions in the coming months.

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