A strong record for total shareholder return
Bunzl has a strong track record of performance, which combined with its resilience, growth prospects, cash generation and financial headroom, presents an attractive long-term investment opportunity.
Consistent and proven compounding strategy
Profitable organic growth
We use our competitive advantage to grow market share in a profitable way
Operating model improvements
We have a daily focus on making our business more efficient
Acquisition growth
We use our strong balance sheet and excellent cash flow to consolidate our markets further
+9% adjusted operating profit CAGR (04–23)*
Track record
85%
85% of Group revenue is attributable to non-packaging products or packaging products made from alternative materials that are well suited to a circular economy
>210
Acquisitions since 2004
>£5bn
Self-funded committed acquisition spend since 2004
*alternative performance measure
Profitable organic growth
Using our competitive advantage to support the growth of our customers and to increase our market share.
Volume
- Sell more to existing customers
- Expand our product range
- Win new customers
- Market-leading customers
- Growing sectors
- Trend to outsourcing
Price
- Inflation
- Market dynamics
- FX impact
Mix
- Own brand/imports
- Manufacturer brands
- Geographies and sectors
- Sustainability
Operating model improvements
Small improvements we make every day, everywhere lead to significant progress over time.
Warehousing
- Consolidation of warehouse footprint
- Continually evaluate and upgrade facilities including environmental initiatives
ERP implementations
- Warehouse management systems
- Vehicle routing and safety systems
- CRM systems
Digital capabilities
- Investment in e-commerce capabilities
- Focus on digital marketing
- Opportunity for efficiency gains
Sharing best practice
- Make use of collective resources, experience and expertise
- Global collaboration
Global purchasing
- Substantial purchasing synergies with suppliers
- Benefit from Bunzl Asia sourcing centre based in Shanghai (sourcing, QA and QC)
Acquisition growth
We seek out businesses that satisfy key criteria, including having good financial returns often in resilient and growing markets, while at the same time providing opportunities to extract further value as part of the Bunzl Group.
Acquisition growth
We seek out businesses that satisfy key criteria, including having good financial returns often in resilient and growing markets, while at the same time providing opportunities to extract further value as part of the Bunzl Group.
