Bunzl PLC

Bunzl Plc provides distribution and outsourcing services. It supplies non-food products operating primarily in the foodservice, grocery, cleaning and safety, non-food retail and healthcare markets. The firm offers supply services, including procurement and inventory management. It supply consumable products such as food packaging, disposable tableware and catering equipment, cleaning and hygiene supplies, guest amenities, personal protection equipment, packaging and healthcare consumables to various customer markets including grocery, foodservice, cleaning and hygiene, safety, non-food retail and healthcare. The company was founded in 1854 and is headquartered in London, the United Kingdom.

Bunzl PLC (LSE:BNZL) was the biggest faller on the FTSE 100 this morning, with shares of the distributor of working capital items down 2.8%, retreating further from their recent all-time high. This is despite the group reporting an improving sequential organic revenue performance through the third quarter, with a decline of 1.2%.

Bunzl retreats from all-time high despite backing outlook

Rush Enterprises

BZLFY and RUSHA made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 23, 2024.

Best Income Stocks to Buy for October 23rd

Here is how Bunzl PLC (BZLFY) and Hitachi Ltd. (HTHIY) have performed compared to their sector so far this year.

Is Bunzl (BZLFY) Stock Outpacing Its Conglomerates Peers This Year?

Bunzl PLC (LSE:BNZL)has been given a nudge up to its investment recommendation by US bank JP Morgan to reflect ‘greater confidence in a positive trajectory' over the medium term. The bank said it started warming to distributor Bunzl in March, but was worried about the unwinding of an inflation tailwind.

Bunzl upgraded by US bank as medium-term prospects improve

Bunzl (BZLFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Bunzl (BZLFY) Rating Upgrade to Buy

Bunzl plc (OTCPK:BZLFF) Q2 2024 Earnings Call Transcript August 27, 2024 4:30 AM ET Company Participants Frank van Zanten - CEO Richard Howes - CFO Conference Call Participants Annelies Vermeulen - Morgan Stanley Sylvia Barker - JPMorgan Suhasini Varanasi - Goldman Sachs Frank van Zanten Good morning, and thank you for attending Bunzl's 2024 Half Year Results Presentation. I appreciate you joining us today.

Bunzl plc (BZLFF) Q2 2024 Earnings Call Transcript

Bunzl PLC (LSE:BNZL) shares jumped to a new all-time high after the distributor hiked its interim dividend 10%, launched a £250 million share buyback and raised its outlook for the year. This followed a first half of 2024 where the FTSE 100-listed company saw revenue decline 0.4% to £5.7 billion though underlying trends improved in the second quarter and yet further in the first two months of the third.

Bunzl jumps 10% to new all time high on new buyback commitment

National distributor partners with industry-leading manufacturers and Food Banks Canada for National Toilet Paper Day National distributor partners with industry-leading manufacturers and Food Banks Canada for National Toilet Paper Day

Bunzl's 2024 National Toilet Paper Donation Campaign is on a Roll

Bunzl PLC (LSE:BNZL) interim results on 27 August should confirm a good half-year and increased guidance for the full year, suggests Shore Cap. The plastics distributables specialist is being helped by better margins with a strong contribution from acquisitions and the completion of the Nisbets transaction.

Bunzl interims to be boosted by improving margins, broker says

Prestigious certification highlights ongoing commitment to industry-leading expertise BURLINGTON, Ontario, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Bunzl Cleaning & Hygiene today announced its investment in attaining the ISSA Cleaning Industry Management Standard (CIMS) Expert certification for all its sales professionals. CIMS is the foremost recognized standard for excellence in the industry and this significant milestone further solidifies Bunzl's position as a leader in cleaning and hygiene.

Bunzl Cleaning & Hygiene Raises Bar with CIMS Expert Certification

Sustainability continues to be a key corporate focus for Bunzl Canada in both its operations and the products it supplies. The company will also soon intro

Bunzl Accelerates Sustainability with Electric Vehicles

Donations to support SickKids' internationally renowned research centre Donations to support SickKids' internationally renowned research centre

Driving for a Cure – Bunzl Raises Over $1.9M for Pediatric Brain Tumour Research

Shares in support services specialist Bunzl have barely changed over the past year as some of the shine has come off its premium rating. As AJ Bell notes, Bunzl supplies the things that other firms need to do business, but not items they would sell to their customers.

Bunzl looking to regain impetus after sales slowdown

Bunzl (BZLFY) Upgraded to Buy: What Does It Mean for the Stock?

Bunzl PLC (LSE:BNZL) shares climbed to a month's high after the distribution group kept its revenue outlook unchanged, after giving cautious guidance two months ago. Revenue in the first quarter fell 5.9%, which was expected, mainly reflecting reduced volumes in the US foodservice redistribution and price deflation.

Bunzl reassures on revenues thanks to acquisition progress

Bunzl plc (BZLFF) Q4 2023 Earnings Call Transcript

Bunzl PLC (LSE:BNZL) shares buckled 5.5% to 3,122p after it reported full-year despite increasing its dividend for the 31st consecutive year and completing 19 acquisitions in the year, with two more announced today.  The shares had hit an all-time high of 3,306p on Friday.

Bunzl buckles on results after hitting all-time high

Bunzl has guided for lower revenue in the current year due to a slow start in North America. Profit guidance for 2024 was maintained even though the FTSE 100 group said it expects this year's revenue increase to be ‘slight'.

Bunzl slides on cautious revenue outlook

Shares in Bunzl rose on Thursday after the support services business announced that 2023 profits would beat prior guidance.

Bunzl Shares Rise As FTSE 100 Firm Upgrades Profit Guidance

FTSE 250 distribution and services group Bunzl PLC (LSE:BNZL) offered a shot of optimism on Thursday, stating that adjusted operating profit is projected to surpass prior guidance for the year ending 31 December. Boring Bunzl anticipates its 2023 revenue to align closely with the previous year's figures at constant exchange rates, despite various challenges, including the disposal of its UK healthcare business and a post-pandemic market normalisation.

Bunzl ups profit guidance in shot of optimism for everyday items provider

It's the turn of the BoE at midday in London and then the ECB an hour and a quarter later.

UK rate call, Currys and Bunzl: Thursday's highlights

As a distributor of paper cups, clingfilm, soap, safety equipment and other basic products for the grocery, hospitality, retail and healthcare industries, Bunzl PLC (LSE:BNZL) is far from a very exciting company, but with a share price graph that is a lot higher on the right than it is on the left, it has gained a lot of followers over the years. While there have been concerns raised about the impact on the disposable and plastic-based products it supplies being hit by single-use plastic bans, as have come into force in the UK, shares in the acquisitive FTSE 100 group hit an all-time high above £32 in spring.

Can boring Bunzl's results show brilliance of being basic?

Bunzl is a well-run business in the foodservice and industrial peripherals industry. The company expects slightly lower revenue but continues to perform well and make acquisitions. The dividend has been growing steadily, but the current yield is not particularly attractive.

Bunzl: Solid Progress Across The Board

Bunzl PLC (LSE:BNZL) revenue fell 8.8% in the third quarter as sales of Covid-related products continued to drop and it took a hit from the weakness of the pound. However, full-year guidance for adjusted operating  profit was maintained by the FTSE 100-listed group supplier of basic products for the grocery, hospitality, retail and healthcare industries, which said the performance was in line with its expectations.

Bunzl sales slide 9% but margins stay strong

Shops and fast-food outlets will to have stop using single-use plastics from Sunday (1 October) the government confirmed today. Specifically, cutlery, balloon sticks or polystyrene cups and food containers in England are banned while single-use plastic plates, trays and bowls are being restricted.

News for Bunzl PLC Stock (BZLFY)