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At Bunzl we never stop adding value for our stakeholders. Delivering the innovative products, solutions and insights that help our customers run their businesses more efficiently and sustainably.

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Annual Report 2023

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The efforts of Bunzl colleagues around the world have resulted in a strong profit performance for the Group.

We have achieved overall good outcomes from the elevated number of customer tenders we have seen following a period of reduced activity, which is testament to the strong value proposition we provide our customers (including our sustainability expertise and digital capabilities) supported by the strength of our supply chain.

Read the CEO statement in full

Financial performance: Highlights

Revenue

£11.797m

(2022: £12,040m)

Adjusted operating profit*

£944.2m

(2022: £885.9m)

Adjusted earnings per share*

191.1p

(2022: 184.3p)

Dividend per share

68.3p

(2022: 62.7p)

1.9%

Growth at constant exchange rates (Actual exchange rates 2.0%)

(6.2%)

Growth at constant exchange rates (Actual exchange rates 6.6%)

+2.7%

Growth at constant exchange rates (Actual exchange rates 3.7%)

Fifty

Not a number

Sustainability performance: Highlights

Cloud

SBTi

SBTi approval of our Scope 1, 2 and 3 emissions reduction targets

Wind turbine

24%

more carbon efficient since 2019 with a 15% reduction in absolute emissions

Recycle bag

c.83%

of Group revenue is attributable to non-packaging products or packaging products made from alternative materials that are well suited to a circular economy

people

21%

21% women in senior leadership roles compared to 19% in 2021

data document

930

930 ethical audits completed 

Only 2% of Group revenue generated from consumables that are facing regulation

2%

Only 2% of Group revenue generated from consumables that are facing regulation

Annual Report 2023

Read our full report, as we set out our achievements from 2023 and most importantly why we are well set for the years ahead.

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