27th Aug 2013 06:40
LONDON (Alliance News) - Bunzl plc (BZLFY.PK, BNZL.L) reported that its first-half pretax profit increased to 129.4 million pounds, from 118.5 million pounds, last year. Profit for the period attributable to equity holders increased to 90.5 million pounds or 27.5 pence per share, from 84.3 million pounds or 25.7 pence per share, prior year.
Adjusted profit before income tax was 167.6 million pounds, compared to 149.0 million pounds, and adjusted earnings per share was 36.7 pence comared to 32.8 pence prior year.
Revenue rose to 2.96 billion pounds, from 2.61 billion pounds, prior year.
The Board of Bunzl has decided to increase the interim dividend by 14% to 10.0 pence.
Bunzl plc also announced it has entered into an agreement to purchase Espomega, a redistribution business supplying a variety of safety products, including gloves and protective clothing, throughout Mexico. The Group also acquired TFS (The Fulfilment Store), which is engaged in the procurement and fulfilment of promotional products and marketing point of sale materials for customers in the UK across various market sectors.
Copyright RTT News/dpa-AFX
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