The 2020 Mid-Year Economic Update_long

Bunzl Pre-Close Statement: Sales Growth in Line with Expectations

Bunzl plc released a pre-close statement today for the year ending Dec. 31, 2008. The distributor reported: 


  • Group revenue growth is consistent with expectations, despite economic conditions, particularly in the UK and the eurozone. The stronger U.S. dollar and euro have had a positive impact on performance.


  • In North America, Bunzl saw stronger organic growth in the second half, but this growth was partially offset by margin pressure.


  • In the UK and Ireland, revenue has growth thanks to acquisitions. Integration of 2007 and 2008 acquisitions is going to plan."


  • Revenue in Continental Europe has continued to grow thanks to both acquisitions and organic growth.
    ...

Bunzl plc released a pre-close statement today for the year ending Dec. 31, 2008. The distributor reported: 

  • Group revenue growth is consistent with expectations, despite economic conditions, particularly in the UK and the eurozone. The stronger U.S. dollar and euro have had a positive impact on performance.
  • In North America, Bunzl saw stronger organic growth in the second half, but this growth was partially offset by margin pressure.
  • In the UK and Ireland, revenue has growth thanks to acquisitions. Integration of 2007 and 2008 acquisitions is going to plan.”
  • Revenue in Continental Europe has continued to grow thanks to both acquisitions and organic growth.
  • Growth in the rest of the world is strong, including Brazil and Australasia.
About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.