- Bunzl reported a 5.4% increase in sales at constant exchange rates for the third quarter.
- Overall revenue growth stood at 2%.
- The company’s full-year guidance has not changed.
- Operating margin for the quarter met expectations, which supports the 2024 outlook.
- The group anticipates robust revenue growth at constant exchange rates, driven by acquisitions completed in 2024, despite a minor decline in underlying revenue.
- Adjusted operating profit for 2024 is expected to show a strong increase compared to 2023, at constant exchange rates.
- The group expects a moderate improvement in operating margin over the 2023 level.
- Analyst recommendations are currently divided into 5 buys, 8 holds, and 4 sells.
A look at Bunzl PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bunzl PLC shows a promising long-term outlook. With high scores in Growth and Momentum, the company is positioned to continue its expansion and maintain strong market performance. The Growth score of 4 indicates that Bunzl is expected to experience significant growth opportunities in the future. Additionally, the Momentum score of 5 suggests that the company is currently experiencing positive momentum in the market, which could drive further success.
While Bunzl PLC received lower scores in Value, Dividend, and Resilience, the company’s overall outlook remains positive due to its strong performance in key areas like Growth and Momentum. Bunzl’s strategic focus on supplying non-food consumable products to various industries has allowed it to build successful partnerships with both suppliers and customers, positioning it well for sustained growth in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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