Trade Bunzl - BNZL CFD

Trade Bunzl - BNZL

Bunzl plc is a global distribution and outsourcing group, headquartered in London, England. The group delivers non-food consumables, effectively connecting suppliers with customers across 5 continents and 30 countries. The company geographically organises its businesses into four segments: North America, the UK and Ireland, continental Europe and the rest of the world (mainly Australasia). The company’s two largest markets, which generate over half of its total income, are food retail and foodservice companies. Distributed products include safety, hygiene and machinery equipment for food processors and chemicals, as well as packaging and disposable tableware for retailers and caterers.

Bunzl's other markets include convenience stores, to which point of sale displays, packaging, carrier bags and labelling are distributed; as well as safety and cleaning, where personal protective equipment, cleaning machinery and first aid kits are supplied. The company’s revenue and adjusted operating profit in 2018 were £9.1 billion and £614 million respectively. In the past 5 years, the BNZL share price was at its highest in April 2019, reaching £25.34.

The company’s roots go back to 1854 when Moritz Bunzl launched a small haberdashery business in Bratislava, Slovakia. In 1940, Bunzl plc was established as a manufacturer of cigarette filters and tissue paper. Later, it incorporated the production of fibres, paper, pulp, plastics and building materials. The business restructured itself as a company solely focused on distribution through a divestment process, which began in the early 90s. The BNZL share price has been listed on the London Stock Exchange since 1957. Today, the company is featured in the FTSE 100 index.

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