Bunzl Posts Higher Q3 Revenue and Keeps Outlook
British distributor Bunzl reported a 3.7 percent rise in third-quarter underlying revenue and maintained its annual forecast. Growth was supported by its largest market in North America, where operations have stabilised following a recent reorganisation.
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BUNZL PLC posted a 3.7% rise in third-quarter underlying revenue on Tuesday, matching its annual forecast. The United Kingdom-based distributor is benefiting from stability in United States operations. Investors are tracking the turnaround as activist pressure builds on management.
