Bunzl Results Presentation Deck
CAMBRO
amwees
2022 OUTLOOK
Guidance upgraded compared to pre-close statement
2021 FULL YEAR RESULTS
8859
BUNZL
Expect moderate revenue growth¹ in 2022, driven by the impact of
acquisitions completed in the last 12 months and supported by a slight
increase in organic revenue
- Continued recovery of the base business expected to be offset by the
further normalisation of sales of Covid-19 related products, albeit these
are expected to remain ahead of 2019 levels
- Inflation support in plastics, paper and chemical products and the year-
on-year impact of deflation on certain Covid-19 related products
expected to remain dynamics within our performance
We also expect Group operating margin² in 2022 to be slightly higher
than historical levels, as the mix of sector and product sales continues
to transition to more typical levels for the Group
Notes
1. At constant exchange
2. Alternative performance measure - see Appendix 1
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