Bunzl: Decades Of Growth On Summer Sale

  • Bunzl offers a stable, cash-generative business model with a long history of profitable, acquisition-driven growth and prudent capital allocation. Recent share price weakness reflects temporary headwinds—deflation, lower volumes, and currency effects—but the business fundamentals and acquisition pipeline remain robust. Valuation is attractive: shares trade below historical multiples, with strong free cash flow and a growing dividend, supporting a favorable risk/reward profile.