Numis initiates coverage of Bunzl at 'hold'

23rd Jun 2022 09:18

(Sharecast News) - Numis has initiated coverage of Bunzl, the international distribution and services firm, with a 'hold' rating.

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Bunzl agrees to buy German cleaning and hygiene business Hygi.de

14th Jun 2022 08:04

(Sharecast News) - Distribution and services group Bunzl has entered into an agreement to acquire German cleaning and hygiene business Hygi.de for an undisclosed sum.

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Credit Suisse hikes target for Bunzl as inflation boosts sales

21st Apr 2022 15:48

(Sharecast News) - Analysts at Credit Suisse bumped-up their target price for shares of distribution products and services specialist Bunzl on the back of its recent above-trend growth in sales on the back of inflation, from 2,900.0p to 3,050.0p.

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Bunzl delivers 'strong growth' in Q1

20th Apr 2022 07:30

(Sharecast News) - Distribution and services business Bunzl said on Wednesday that it had delivered "strong growth" in the first quarter, with overall group revenue up 12.5% at constant exchange rates.

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Berenberg downgrades Bunzl to 'hold'

14th Apr 2022 09:57

(Sharecast News) - Analysts at Berenberg lowered their rating on business services outfit Bunzl on Thursday, stating the stock had gone from "one extreme to another".

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Credit Suisse upgrades Bunzl to 'neutral'

7th Mar 2022 13:47

(Sharecast News) - Credit Suisse upgraded distribution and outsourcing group Bunzl to 'neutral' from 'underperform' on Monday and hiked the price target to 2,900p from 2,450p.

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Credit Suisse upgrades Bunzl in view of clients' medium-term focus on sustainability

7th Mar 2022 11:16

(Sharecast News) - Analysts at Credit Suisse upgraded shares of Bunzl from 'underperform' to 'neutral' and hiked their target price from 2,450.0p to 2,900.0p, telling clients that product inflation and corporates' sustainability agenda would more than offset a decline in Covid-related work, especially over the medium-term.

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Bunzl FY adjusted profits slip despite modest revenue growth

28th Feb 2022 07:10

(Sharecast News) - Distribution and services giant Bunzl said on Monday that adjusted operating profits had slipped year-on-year in 2021 despite a modest uptick in reported revenues.

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Bunzl acquires US PPE distributor Tingley Rubber

12th Jan 2022 07:16

(Sharecast News) - Distribution and services firm Bunzl acquired New Jersey-based PPE distributor Tingley Rubber on Wednesday for an undisclosed sum.

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Bunzl sees 2022 revenue 'slightly' higher thanks to acquisitions

15th Dec 2021 08:03

(Sharecast News) - Bunzl said on Wednesday that revenue in 2022 is expected to be "slightly" higher than the previous year thanks to acquisitions.

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Bunzl acquisition spree continues with two new deals

18th Nov 2021 07:35

(Sharecast News) - Specialist international distribution and services group Bunzl said it made two further acquisitions, taking the number of deals for the year to 13.

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Bunzl Q3 revenues up despite Covid product sales decline

26th Oct 2021 07:35

(Sharecast News) - Distribution and services group Bunzl said third quarter revenues rose driven by a strong recovery in its core business.

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Bunzl buys US and Australian businesses as deals continue

14th Sep 2021 08:29

(Sharecast News) - Bunzl has agreed to buy a US safety business and an Australia-focused medical supplies distributor as the distribution and outsourcing group continued its acquisition spree.

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RBC Capital Markets hikes target price on Bunzl

6th Sep 2021 11:02

(Sharecast News) - Analysts at RBC Capital Markets raised their target price on distribution company Bunzl from 2,270.0p to 2,450.0p on Monday following the firm's "solid" first-half earnings.

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Bunzl profit rises as core business recovers

31st Aug 2021 07:12

(Sharecast News) - Bunzl reported first-half adjusted profit up almost 15% as a recovery in its core business more than offset declining sales of Covid-19 related products.

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