Bunzl (BNZL)

Sector:

Retailers

Index:

FTSE 100

3,468.00p
   
  • Change Today:
      68.00p
  • 52 Week High: 3,714.00p
  • 52 Week Low: 2,898.00p
  • Currency: UK Pounds
  • Shares Issued: 333.48m
  • Volume: 562,794
  • Market Cap: £11,565m
  • RiskGrade: 114
  • Beta: 0.71

Sunday newspaper round-up: Abercrombie & Kent, Bunzl, John Lewis

By Alexander Bueso

Date: Sunday 01 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Abercrombie & Kent, based in Cheltenham, has started talks with bankers regarding an initial public offering in 18 to 24 months' time. The luxury travel agency's boss, Cristina Levis, thinks the flotation will help the outfit become the LVMH of luxury experiential travel. The company, however, is looking at pursuing a possible listing in New York instead of London. Luxury travel has continued to increase since the pandemic with dramatic growth in demand for destinations such as the Nordics or Japan. In 2022, the company racked up sales of $528m (£402m). - The Sunday Telegraph
Some may find Bunzl boring, but for investors in the distribution and outsourcing outfit, its growth has been anything but that. Indeed, just last week the company hiked its dividend payout and told shareholders to expect higher profits than previously anticipated, pushing its shares to a record high. Propping up growth, the company distributes goods that its clients can't do without, from disposable cups in the case of cafes to bandages for hospitals. Acquisitions have also played a hand, with the business having made 210 acquisitions over the preceding 20 years. - The Financial Mail on Sunday

The John Lewis Partnership has placed 7,000 shop floor staff under consultation ahead of the arrival of its new chairman, Jason Tarry, in September. Whilst only 153 partners are expected to be let go as a result of the proposed changes, the partnership is in the process of culling 11,000 persons over the coming five years. >It is hoped however that Tarry's retail experience will help turn things around. The next set of half-year numbers will likely show that department store sales are still struggling, but the new autumn-winter womenswear range was well received. Waitrose has also started to grow its market share again. - The Sunday Times

Corporate filings show that Go-Ahead Group, Britain's largest UK rail operator has restarted dividend payments for the first time since Covid-19. Shareholders in Australia and Spain were handed £58m and joint-venture partner, Keolis, which belongs to France's state-owned SNCF was paid £26m. Australia's Kinetic and Spain's Globalvia purchased the business in the second half of 2022 for £650m. However, the Southern, Thameslink, Great Northern and Gatwick Express rail lines that Go-Ahead runs will be among the first to be nationalised by Labour. - The Sunday Times

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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 3,468.00p
Change Today 68.00p
% Change 2.00 %
52 Week High 3,714.00p
52 Week Low 2,898.00p
Volume 562,794
Shares Issued 333.48m
Market Cap £11,565m
Beta 0.71
RiskGrade 114

Bunzl Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.67% below the market average96.67% below the market average96.67% below the market average96.67% below the market average96.67% 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
67.95% above the market average67.95% above the market average67.95% above the market average67.95% above the market average67.95% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Income
64.77% below the market average64.77% below the market average64.77% below the market average64.77% below the market average64.77% 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
41.44% below the market average41.44% below the market average41.44% below the market average41.44% below the market average41.44% 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 21-Nov-2024

Time Volume / Share Price
16:29 238 @ 3,460.00p
16:29 81 @ 3,460.00p
16:29 4 @ 3,458.00p
16:29 68 @ 3,460.00p
16:29 90 @ 3,460.00p

Bunzl Key Personnel

CFO Richard Howes
Chair Peter Ventress

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