Bunzl FY pretax rises 7 pct to 189.7 mln stg, hikes FY dividend 8 pct |
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Mon, 26 Feb 2007 08:35
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LONDON (AFX) - Distribution and outsourcing group Bunzl PLC posted a 7 pct rise in pretax profits to 189.7 mln stg and said it is hiking its full year total dividend by 8 pct to 17 pence per share.The group said the profit rise had come on the back of a strong 2006 operating performance, organic revenue growth of 5 pct and higher acquisition spend of 162 mln stg.'This gives us a platform and momentum for our international growth which will be supported by continued focus on operational improvements and increased international sourcing,' said chief executive Michael Roney.philip.waller@thomson.compaw/jlwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Bunzl buys 2 North American businesses for undisclosed sums 