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Bunzl increases its 2018 interim dividend by 9%

Investment Tools Ltd.
Bunzl increases its 2018 interim dividend by 9%

Bunzl 2018 interim results

Double digit percentage increases at constant exchange rates in revenue, adjusted operating profit and adjusted earnings per share

Organic revenue growth increased to 5.2%

Group operating margin unchanged at 6.6%

Four acquisitions announced to date, including one announced today, with a total committed spend of £132 million; disposal of two non-core businesses in France and the UK

Return on average operating capital of 52.0% with return on invested capital of 15.4%

Continued strong cash conversion (operating cash flow to adjusted operating profit) of 94%

25 year track record of dividend growth continues with a 9% increase in the interim dividend

Companies mentioned

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