FX puts a dampener on growth at Bunzl in 2012

FTSE 100 distribution and outsourcing group Bunzl said that its 'significant' levels of investment helped to boost revenues in 2012, though foreign exchange rates put a dampener on reported growth.

FTSE 100 distribution and outsourcing group Bunzl said that its 'significant' levels of investment helped to boost revenues in 2012, though foreign exchange rates put a dampener on reported growth.

Revenues increased by 5.0% from £5.11bn to £5.36bn last year, helped by good organic growth and the committed acquisition spend of £272m which added record annualised revenue of more than £500m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.