Bunzl 2017 final results
Good increases at constant exchange rates in revenue, adjusted operating profit and adjusted earnings
per share
Organic revenue growth increased to 4.3%, the highest level since 2006
Group operating margin of 6.9%, down 20 basis points principally due to the impact of the significant additional business won in North America
Record level of committed acquisition spend of £616 million on 15 businesses acquired
Return on average operating capital of 53.1% with return on invested capital of 16.0%
Continued strong cash conversion (operating cash flow to adjusted operating profit) of 97%
25 year track record of dividend growth continues with a 10% increase in the dividend for the year
