LONDON (dpa-AFX) - Bunzl PLC (BZLFY.PK, BNZL.L) reported that its Group revenue for the half year is expected to have increased by 9% at actual exchange rates. At constant exchange rates, revenue is expected to have risen by 6%, largely due to the impact of acquisitions. The Group expects its underlying revenue in the first half of 2016 to be at a similar level to the prior year.
The Group said its overall performance is consistent with expectations at the time of the first quarter trading statement in April.
Bunzl also announced that it has purchased two further businesses in the UK and Belgium. The Classic Printed Bag Company Limited, which is based in Christchurch, England and also has an office in Hong Kong, is engaged in the development and distribution of bespoke retail packaging for non-food retailers in the UK, Hong Kong and elsewhere in Europe. Products sold include paper carrier bags, gift boxes and fabric garment bags. Bunzl has also acquired Polaris Chemicals SPRL, a distributor of cleaning and hygiene supplies based near Brussels.
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