Bunzl Full Year 2022 Earnings: EPS Misses Expectations

Simply Wall St

March 01, 2023

Bunzl (LON:BNZL) Full Year 2022 Results

Key Financial Results

Revenue: UK£12.0b (up 17% from FY 2021).
Net income: UK£474.4m (up 7.1% from FY 2021).
Profit margin: 3.9% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses.
EPS: UK£1.42 (up from UK£1.33 in FY 2021).

earnings-and-revenue-growth — LSE:BNZL Earnings and Revenue Growth March 1st 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bunzl EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Trade Distributors industry in the United Kingdom.

Performance of the British Trade Distributors industry.

The company's shares are down 2.4% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Bunzl that you need to take into consideration.

If you're looking to trade Bunzl, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Valuation is complex, but we're here to simplify it.

Discover if Bunzl might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.