|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||29.30 - 29.30|
|52 Week Range||28.36 - 33.56|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||22.43|
|Forward Dividend & Yield||0.65 (2.14%)|
|1y Target Est||N/A|
The FTSE 100 was little changed by session end, lagging its peers on Wall Street and in Europe, while mid-caps gave up 0.3 percent. Miners lost 1.2 percent after Vale SA said it expected to resume operations at its Brucutu mine within 72 hours. London-listed shares in Rio Tinto fell 2.7 percent and BHP, the world's biggest miner, gave up 2.5 percent after cutting its iron ore output target following a tropical cyclone.
London markets were marginally lower as mining giant BHP Group PLC followed rivals in cutting iron ore production guidance. How did markets perform? The U.K.’s FTSE 100 (UK:UKX) fell 0.1% to 7,459.1. It had risen 0.
Bunzl shares fell 10 percent in early trade after the company's total revenue saw a mere 2.5 percent rise at constant currency, compared with a 14 percent growth a year earlier. Underlying revenue growth in North America was about 1 percent due to a lagging grocery and retail business, which was dented by a lack of price inflation and weak demand, the company said.
Business supplies distributor Bunzl said on Wednesday first-quarter growth had slowed as grocery and retail business in its biggest market North America remained sluggish, and posted a small rise in revenue ...
The FTSE 100 closed 0.1 percent higher, lagging other major European bourses where investors took comfort from U.S. President Donald Trump's decision to delay raising tariffs on Chinese imports. Lloyd's of London insurer Hiscox, which recently joined the FTSE 100, added 3 percent after reporting a profit for the year that beat market expectations. The pound gained after European Council President Donald Tusk said delaying Brexit beyond the planned March 29 exit date would be a "rational solution" as there was no majority in the British parliament to approve a divorce deal.
Bunzl is known for making small acquisitions aimed at growing specific parts of its business and under Chief Executive Officer Frank van Zanten the company made a record number of deals in 2017. The company has made over 150 acquisitions since 2004. Bunzl has been boosted by growth at its North America unit, which accounts for nearly 60 percent of overall revenue.
Bunzl is known for making small acquisitions aimed at growing specific parts of its business, and on Thursday the London-listed firm announced it had bought Danish food-service distributor CM Supply for an undisclosed sum. Bunzl, which supplies companies with disposable tableware, personal protection equipment, cleaning chemicals and a range of other products and services, said its business was performing in line with expectations outlined in October. Although the pace of Bunzl's acquisitions has slowed after a record deal-making year in 2017, Bunzl has benefited from growth at its North America unit, which saw revenue rise 10 percent in the first half of the year.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). To keep it practical, we’ll show how Bunzl plc’s (LON:BNZL) P/E Read More...
On the 02 January 2019, Bunzl plc (LON:BNZL) will be paying shareholders an upcoming dividend amount of UK£0.15 per share. However, investors must have bought the company’s stock before 15 Read More...
Bunzl has continued its acquisition drive by buying a Brazilian safety equipment group, although it looks unlikely to equal last year's record spending spree.
How far off is Bunzl plc (LON:BNZL) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is fairly Read More...
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Bunzl plc (LON:BNZL) a safer option. Big corporations are much sought after by risk-averse investorsRead More...
Bunzl plc (LON:BNZL) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back intoRead More...
The FTSE-100 group, which supplies everything from disposable tableware and personal protection equipment to cleaning chemicals, has benefited from a string of acquisitions that have boosted earnings while improving performance in the United States, Bunzl's biggest market. Revenue from North America, which accounts for nearly 60 percent of overall revenue, jumped 10 percent in the first half of 2018 although the company pointed to risks from both Brexit and a still developing conflict over global trade. Bunzl listed possible risks as foreign exchange volatility and lower economic activity in the United Kingdom because of Brexit, as well as the operational consequences of trade tariffs.