Bunzl 2017 interim results
Good increases at constant exchange rates in revenue, adjusted operating profit and adjusted earnings per share
Organic revenue growth increased to 3.7%
Group operating margin down 20 basis points to 6.6%, principally due to the impact of lower margin business won in North America
Eleven acquisitions announced to date, including one announced today, with a total committed spend of £546 million
Return on average operating capital of 54.3% with return on invested capital of 16.4%
Continued strong cash conversion (operating cash flow to adjusted operating profit) of 96%
24 year track record of dividend growth continues with an increase of 8% in the interim dividend
