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Trades about 31% below its sector, cheaper than its peers on earnings.
Bunzl plc, a London-based company established in 1854, functions as an international distribution and services provider, operating across North America, Continental Europe, the United Kingdom, Ireland, and other global markets. The firm supplies a comprehensive range of products tailored to various business sectors. It caters to grocery, supermarket, and convenience stores with essential items like food packaging, films, labels, cleaning and hygiene supplies, and personal protective equipment. The hospitality industry, encompassing hotels, restaurants, contract caterers, food processors, commercial growers, and the leisure sector, benefits from its offerings of disposable tableware, guest amenities, catering equipment, agricultural supplies, hygiene products, and safety items. For industrial, construction, and e-commerce clients, Bunzl provides workwear such as gloves, boots, hard hats, ear and eye protection, alongside cleaning and hygiene supplies, and asset protection solutions. Additionally, the company furnishes cleaning and facilities management companies, as well as industrial and public customers, with chemicals and hygiene paper. In the healthcare sector, serving hospitals, care homes, and other facilities, Bunzl delivers critical medical equipment, including gloves, masks, swabs, gowns, bandages, and various healthcare devices. Finally, it supplies packaging and other operational store essentials to a wide array of retail outlets, from chains and boutiques to department stores, home improvement centers, office supply companies, and their associated e-commerce channels.
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