MARKET TALK: Bunzl Trading Statement In Line - Analyst

22nd Jun 2010 07:30

0630 GMT [Dow Jones] Bunzl's (BNZL) trading statement is in line with expectations, says an analyst. Notes in particularly the company's success in winning business in the US is good news. Also sees better margins in the UK and Ireland, although revenue in the first half is below the same period last year in these regions due to economic conditions. Says the company is flagging up further acquisitions being finalized during the remainder of the year, which is always good news for Bunzl. Shares closed on Monday at 746.5p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 22, 2010 02:30 ET (06:30 GMT)