You are here: Home - Investing - Experienced Investor - News -

Share Centre share of the week: Bunzl

0
Written by:
07/09/2015
Graham Spooner, investment research analyst at The Share Centre, picks Bunzl as share of the week.

“Amidst recent market instability, support services group Bunzl is one for lower risk investors to consider. Solid interim results in August reported an 11% rise in profits to £147.1m, along with a 7% rise in revenues. There was also good news for investors with an increased interim dividend of 11.7p – also up 7%. Bunzl’s approach of making acquisitions to boost revenue and profit continues to work well, and has led to its aforementioned improved dividends and a strong share price performance over the last four years. The company has a global presence, which has protected it from regions that have suffered more in recent times, such as Europe. The weakness in sterling against the dollar should also further benefit the group’s results.

 “Bunzl is a defensive pick in volatile times, as it provides a range of essential products such as plastic cutlery, toilet rolls and cleaning products. The group has had continued success during tough times, and we regard it as being a well-managed business. We are currently recommending the group as a ‘buy’ for lower risk investors with a balanced investment objective.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
self-employed mortgages, financial advice
BLOG: Top tips for wannabe business owners

Small and medium-sized enterprises (SMEs) are one of the main drivers behind the British economy and are so important for...

Close