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Bunzl (LSE:BNZL) Eyes Higher Revenue in 2025 Backed by Strategic Acquisitions

Mon 10 Mar 25, 07:22 AM | Team Kalkine

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Highlights

Bunzl PLC (LSE:BNZL) is a global FTSE 100-listed company specializing in distribution and services. It operates across four main segments: North America, Continental Europe, UK & Ireland, and the Rest of the World.

For the financial year 2024 (FY24), Bunzl reported a slight decline in revenue, dropping 0.2% YoY to GBP 11,776.40 million, primarily due to deflationary pressures in North America, Continental Europe, and the UK & Ireland. Additionally, strategic changes in US foodservice redistribution, price competition, and inventory ownership transitions in US retail contributed to the decrease. However, revenue began to stabilise in the second half of the year, with modest volume growth and a reduction in deflationary effects in some regions, although North America continued to experience deflation. Net deflation is expected to continue impacting revenue into 2025.

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