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Bunzl built for pandemic environment

Even with retail and restaurant sales hit, the consumables and logistics company saw profits climb on PPE and other strong areas
Bunzl built for pandemic environment
  • Demand for PPE fuelled 16 per cent organic revenue growth in Europe
  • £445m spent on acquisitions in 2020

Bunzl’s (BNZL) acquisition-heavy strategy proved resilient last year, as its diverse income streams contributed to higher profits and a higher investor payout in 2020. The company sells consumables around the world and has a sizeable logistics operation. Growth was limited in North America and the UK, but other markets delivered strong sales and profit increases. 

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