Bunzl: Inflation spike lifts FTSE 100 outsourcing firm’s revenue Retail Distributor Bunzl saw a boost in its bottom line after the firm was able to pass on inflationary pressures to customers. The FTSE 100 outsourcing group recorded a three per cent rise in revenue to £5.93bn in the first half of the year, bolstered by commodity-driven price adjustments and growth across North American markets. Bunzl’s [...]
US glue maker swoops on AIM-listed manufacturer in £659m deal Industrials A US glue maker is set to hand London’s junior stock market another blow after snapping up medtech firm Advanced Medical Solutions. HB Fuller said on Thursday it would acquire the AIM-listed company in a deal that values it at £659m. The US manufacturer – which specialises in industrial adhesives and chemical products – offered [...]
UK manufacturing at four-year high but costs rise at pandemic pace Economics The UK manufacturing sector broke to a four-year record in April but the constraints triggered by the Iran war threatened to upend growth prospects. The latest Purchasing Managers Index (PMI) from S&P Global put the industry’s reading at 53.7 – its best since May 2022. This marked its sixth consecutive month above the neutral 50.0 [...]
Robinson: Plastic manufacturer appoints new boss amid ‘positive’ year of momentum August 15, 2024 Gattaca: Recruiter looks to future despite 'unhelpful' hiring market
Coral Products: Plastic maker pledges to reinstate dividend as prospects improve June 11, 2024 Plastic products manufacturer Coral Products has pledged to reinstate dividends as it anticipates full-year revenue to be "in line with expectations" after a challenging start to the trading year.