Bunzl confirms buyback but slowed by lower prices
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Bunzl PLC anticipates a 3% increase in underlying revenues for the year, driven by acquisitions, despite flat or slightly declining actual revenues due to persistent deflation affecting prices.
December 17, 2024 | 8:30 am
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Bunzl PLC expects a 3% increase in underlying revenues for the year, driven by acquisitions, despite flat or slightly declining actual revenues due to persistent deflation affecting prices.
Bunzl's revenue growth is primarily driven by acquisitions, which is positive. However, the impact of deflation on prices and the flat or slightly declining actual revenues balance this out, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100