Bunzl full-year profit rises on acquisitions, North America demand

Bunzl full-year profit rises on acquisitions, North America demand
By Reuters

(Reuters) – British business supplies distributor Bunzl Plc reported a 6 percent rise in full-year adjusted pretax profit on Monday, boosted by gains from small acquisitions and a growing clientele in North America.

The company, which supplies companies with disposable tableware, personal protection equipment, cleaning chemicals and a range of other products and services, said adjusted profit before income tax rose to 559 million pounds from 542.6 million pounds, a year ago.

Bunzl, in a separate statement, also said that it had acquired U.S.-based Liberty Glove & Safety, a company that makes personal protection equipment, for an undisclosed sum.

(Reporting by Pushkala Aripaka in Bengaluru)

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