AcquisitionsBunzl has signed an agreement to acquire Hospitalia in Chile, marking its entry into the Chilean healthcare market with revenue of c.£21m.
Analyst UpgradeAnalyst upgrades Bunzl to Buy due to improving underlying trading trends, balance sheet strength, and a valuation discount to historical averages.
Revenue GrowthStrong underlying revenue growth continues in the Rest of the World, driven by Latin America, with the business area maintaining a good operating margin.