Plus   Neg

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
NetApp Inc. (NTAP) Wednesday reported a fourth-quarter profit that fell short of Wall Street estimates, as revenues slipped 3 percent. Shares of the company slipped 6% in extended trading session after its first-quarter outlook was also short of current expectations. Sunnyvale, California-based NetApp... The release of $20 bill featuring Harriet Tubman, an American abolitionist and political activist, has been postponed. The redesign of the $20 bill featuring Tubman will no longer be unveiled in 2020, Treasury Secretary Steven Mnuchin said. The government was planning to unveil the redesigned $20... An analyst at Goldman Sachs Inc. has warned that Apple Inc.'s earnings could drop by 29 percent if China were to retaliate in the trade war against the U.S. with a ban on sales of Apple products in that country. The iPhone maker's China business accounted for 17.6 percent of its total sales in the recent second quarter.
Follow RTT