Bunzl plc (BZLFF) CEO Frank van Zanten on Q2 2019 Results - Earnings Call Transcript [Seeking Alpha]
BUNZL PLC S/ADR (BZLFY)
NASDAQ:AMEX Investor Relations:
bunzl.com/investors.aspx
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Source: Seeking Alpha
Bunzl plc (BZLFF) CEO Frank van Zanten on Q2 2019 Results - Earnings Call Transcript Bunzl plc ( OTCPK:BZLFF Company Participants Frank van Zanten - CEO Brian May - Finance Director Conference Call Participants Rajesh Kumar - HSBC Sylvia Barker - JPMorgan Ed Stanley - Morgan Stanley Andrew Grobler - Credit Suisse Rory McKenzie – UBS Good morning, everyone, and welcome to Bunzl’s 2019 Half-Year Results Presentation. After few words from me, Brian will take you through the financial results and I will then review our operations and talk about our consistent and proven strategy to develop the business. Against the background of slowing macroeconomic and market conditions and as indicated in our pre-close statement at the end of June, underlying revenue growth during the period was approximately 1% with a similar impact from acquisitions, net of disposals. Despite this lower than normal level of growth, Bunzl has again produced a resilient performance with margins holding up well. The Gro
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