Earnings Alerts

Strong Bunzl PLC (BNZL) Earnings: 1H Revenue Meets Estimates at GBP5.71 Billion

  • Revenue Match: Bunzl reported 1H total revenue of GBP5.71 billion, aligning with estimates of GBP5.71 billion.
  • Continental Europe Revenue: Revenue from Continental Europe came in at GBP1.19 billion, meeting estimates of GBP1.19 billion.
  • UK & Ireland: Revenue from UK & Ireland was GBP689.1 million, slightly below the estimate of GBP733.1 million.
  • Rest of the World: Revenue for the rest of the world was GBP600.7 million, compared to an estimate of GBP604.3 million.
  • Adjusted Pretax Profit: Adjusted pretax profit reached GBP408.7 million, surpassing the estimate of GBP405.7 million.
  • Interim Dividend: Interim dividend per share was 20.1p, higher than the estimate of 19.4p.
  • Adjusted Operating Profit: Adjusted operating profit posted at GBP455.5 million, closely matching the estimate of GBP454.8 million.
  • Year-to-Date Committed Spend: Total committed spend year-to-date was GBP651.3 million.
  • Adjusted EPS: Adjusted earnings per share (EPS) were 90.8p, beating the estimate of 88.7p.
  • Stock Ratings: The stock currently has 5 buy ratings, 6 hold ratings, and 6 sell ratings.

A look at Bunzl PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Bunzl PLC, a distribution group offering non-food consumable products for businesses, has a mixed outlook according to the Smartkarma Smart Scores. With a Growth score of 4, the company shows promise in expanding its operations and revenue over the long term. Additionally, a Momentum score of 3 suggests that Bunzl is steadily gaining traction in the market. However, its Value and Resilience scores both at 2 indicate some challenges in terms of valuation and adaptability to economic fluctuations. The Dividend score of 3 signifies a moderate outlook for dividend returns to investors. Overall, Bunzl PLC appears to have strong growth potential, supported by its partnerships with suppliers and a diverse customer base in sectors like grocery, foodservice, cleaning, and safety.

Summary of the description of Bunzl PLC: Bunzl plc is a distribution group supplying a range of non-food consumable products for customers to operate their businesses without actively selling these products themselves. The company collaborates with suppliers and customers to offer outsourcing solutions and service-oriented distribution. With key customer markets in grocery, foodservice, cleaning, and safety, Bunzl PLC plays a crucial role in providing essential products to support various business operations in these sectors.


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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