Calculators
-
Mortgage Calculator
See how much mortgage you can have
-
Debt Calculator
Work out how we can help you manage your debt
Contact us...
Stock Watch
Shares Quicklinks
Share of the week from The Share Centre 20 September 2011
As distribution and outsourcing group Bunzl returns to the FTSE 100 Nick Raynor, investment adviser at The Share Centre, picks it as his Share of the Week:
“Bunzl lost its FTSE 100 status in March, however the company has made a quick turnaround and will re-enter the index on 19 September. This is largely due to the steady progress the company has made.
“In an effort to boost revenue and profits, Bunzl has made several acquisitions: nine in 2010 and has made a further five so far this year. Although these have been predominantly bolt-on acquisitions they should add greater value to the bottom line going forward.
“The company’s global presence is also attractive for investors. Although recent weakness has been apparent in its UK and Irish business, strong markets have helped offset this, especially in North America.
“Investors will also be pleased to see a rise in pre-tax profits from £100m the previous year to £112.1m, and revenues were up from £2.35bn to £2.44bn. The interim dividend was increased to 8.05p from 7.15p - the yield currently stands at 3% and is on course to be improved.
“Bunzl offers stability and growth potential that may be attractive for investors who don’t like to take too many chances. We resume our coverage of the company in the FTSE 100 with a 'buy' recommendation.”
THIS DATA IS PROVIDED BY NICK RAYNOR, INVESTMENT ADVISER AT THE SHARE CENTRE. THIS IS NOT INTENDED TO CONSTITUTE AN OFFER OR AGREEMENT TO BUY OR SELL INVESTMENTS.
Risk Warnings:
Investing in general, and the products and services mentioned above may not be suitable for all: if in doubt, individuals should seek independent financial advice. The value of investments and the income from them can go down as well as up and investors may not get back their original investment. Past performance is not a reliable indicator of future performance.
The bases and levels of taxation relating to ISAs, CTFs and SIPPs are subject to change and the value of these tax allowances may depend upon the circumstances of the individual
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2011-09-21 11:42:36 © Moneyextra.com
Treating Customers Fairly
Guides
- Venture Capital Trusts VCT & Enterprise Investment Schemes EIS
- Buying Shares: 8 top investing tips on buying shares
- What Kind of Investor Are You?
- Savings & Investments for Children
- Open-Ended Investment Companies OEICs
- Introduction to Investments
- Financial Spread Betting
- Real Estate Investment Trusts REITS
- Traded Endowment Policies TEPs
- Selling Shares: 8 top tips on selling shares
Guides archive