Bunzl (LON:BNZL) H1 2024 results

Key financial results

• Revenue: GBP 5.71 billion (3.3% less than H1 2023).

• Net income: GBP 198.7 million (16% less than H1 2023).

• Profit margin: 3.5% (compared to 4.0% in H1 2023). The decrease in margin was due to lower sales.

• Earnings per share: GBP 0.59 (compared to GBP 0.71 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into Bunzl’s earnings

Average sales growth of 3.3% per annum is expected over the next three years. In comparison, the growth forecast for the retail distribution industry in the United Kingdom is 3.7%.

Performance of UK retail distribution industry.

The company’s shares rose 8.2% compared to the previous week.

Risk analysis

You should always think about the risks. A typical example: We have 1 warning sign for Bunzl You should be aware.

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