Bunzl increases its 2015 full year dividend by 7%

DividendMax Ltd.

Bunzl increases its 2015 full year dividend by 7%

Highlights include:

Record acquisition spend of £327 million on 22 businesses, including the acquisition of Dental Sorria announced today, with entry into two new countries, Turkey and Austria

Good increases in revenue, adjusted operating profit and adjusted earnings per share

Group operating margin of 7.0% up 10 basis points at constant exchange rates

Operating margins up in North America, Continental Europe and UK & Ireland with the margin down in Rest of the World

Continued strong cash conversion with operating cash flow to operating profit of 97%

Operating cash flow up 9% to £442.6 million  

Long track record of dividend growth continues with an increase of 7% in the dividend for the year

Companies mentioned