Bunzl (BNZL)

Sector:

Retailers

Index:

FTSE 100

3,412.00p
   
  • Change Today:
    -20.00p
  • 52 Week High: 3,714.00
  • 52 Week Low: 2,875.00
  • Currency: UK Pounds
  • Shares Issued: 334.63m
  • Volume: 789,888
  • Market Cap: £11,418m
  • RiskGrade: 114

Wednesday preview: UK CPI, Bunzl, Netflix in focus

By Alexander Bueso

Date: Tuesday 20 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Wednesday's focus will be on the latest consumer price data due out in the UK.






At 0700 BST, the Office for National Statistics is expected to announce that the year-on-year rate of harmonised CPI accelerated from 0.4% for February to 0.8% in March.

Core CPI is expected to be up by 1.1% following a 0.9% advance during the month before.

Nevertheless, it was in April that negative base effects were expected to kick-in and push CPI higher.

No major economic releases are scheduled either in the US or Eurozone.

Among the companies that are due to update investors in the UK on Wednesday is Bunzl.

UBS's Kate Somerville anticipates that the global outsourcing and distribution specialist will post a 3.5% drop in organic growth for the first quarter, even if after the 4.5% rise seen over the previous three months.

That decline would be driven by lower demand for Covid 19-related products, which she pegged at £230m or 8.5% of topline growth.

The analyst also expected to see continued weakness in Bunzl's base business and that it would reiterate the still "uncertain" outlook.

M&A announcements were also a possibility, she said.

In any case, Somerville believed consensus expectations for a 3% drop in organic growth overestimated the company's ability to maintain sales of personal protection equipment and the size of the recovery in its base business.



To take note of, the latest earnings results due out in the US are likely to be the most consequential for risk appetite globally.

After the close of markets in New York on Tuesday, video-streaming giant Netflix is expected to post earnings per share for the first quarter of 2021 of $2.97 together with a 6.0m increase in the number of subscribers.

And as Michael Hewson, chief market analyst at CMC Markets UK pointed out, "downside risks as we look ahead to Q2 are likely to be a slowdown in subscriber growth as economies come out of their winter lockdowns and start to embrace the great outdoors."

Wednesday 21 April

INTERIMS

Carr's Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

FINALS

Distribution Finance Capital Holdings, Pennant International Group, Wentworth Resources NPV

SPECIAL DIVIDEND PAYMENT DATE

Invesco Income Growth Trust

EGMS

DP Eurasia N.V. (DI)

AGMS

Alliance Trust, Biome Technologies, Bunzl, Drax Group, Dukemount Capital, EP Global Opportunities Trust, Hunting, RTC Group, Serco Group, Zhejiang Expressway Co 'H' Shares

TRADING ANNOUNCEMENTS

Antofagasta, BHP Group, Quilter, Rio Tinto

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Price Index (07:00)

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Bunzl Market Data

Currency UK Pounds
Share Price 3,412.00p
Change Today -20.00p
% Change -0.58 %
52 Week High 3,714.00
52 Week Low 2,875.00
Volume 789,888
Shares Issued 334.63m
Market Cap £11,418m
RiskGrade 114

Bunzl Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.84% below the market average96.84% below the market average96.84% below the market average96.84% below the market average96.84% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
59.86% above the market average59.86% above the market average59.86% above the market average59.86% above the market average59.86% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Income
65.73% below the market average65.73% below the market average65.73% below the market average65.73% below the market average65.73% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
40.54% below the market average40.54% below the market average40.54% below the market average40.54% below the market average40.54% below the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 8
Sell 4
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Bunzl Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Nov-24 16-May-24
Paid 03-Jan-25 02-Jul-24
Amount 20.10p 50.10p

Trades for 31-Oct-2024

Time Volume / Share Price
16:36 191 @ 3,412.00p
16:36 1,300 @ 3,412.00p
16:35 250 @ 3,412.00p
16:35 19,429 @ 3,412.00p
16:35 8,351 @ 3,412.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress

Top of Page