ANALYST VIEWS: WHAT DID YOU MAKE OF BUNZL’S FIRST HALF NUMBERS?
paul checketts | oriel securities
There’s a lack of drama in some senses, but the headline numbers are great. Earnings per share were up 10 per cent to 27.5p and they lifted the dividend. It just shows they’re doing a cracking job in tough markets.
mike murphy | numis securities
We think the mergers & acquisitions cycle has turned their way. A lot more vendors are now looking to sell at sensible prices. The most important thing for Bunzl in the meantime is to keep grinding out the results.
jonathan jackson | killik & co
Although the group makes reference to the challenging economic environment, the outlook statement is upbeat. In North America, good underlying revenue growth is expected to continue.