Bunzl Results Presentation Deck
COVID-19 RELATED SALES
Sales reduced as expected but remain substantially higher than 2019
Covid-19 related
products decline
driven by fewer
larger orders
Deflation on certain
Covid-19 related
products impacted
H2 margin
Covid-19 related
orders remain
substantially higher
than in 2019
2021 FULL YEAR RESULTS
Absolute Covid-19 related products¹ revenue
£m
1,200
1,000
800
600
400
200
0
H119
H1 20
■Smaller orders
H2 19
H2 20
H1 21
Larger orders
H2 21
BUNZL
Glove prices stabilised towards the
end of 2021 but will impact year-on-
year comparison in the first half of
2022
Bunzl's global sourcing capabilities,
including Shanghai sourcing office,
continues to be a competitive
advantage
Expect Covid-19 related orders to
remain ahead of 2019 levels in 2022
Note
1. Covid-19 related products are the top 8 Covid-19 related products, which are masks, sanitisers, disposable gloves, disinfectants, coveralls, disposable wipes, face shields
and eye protection
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