Bunzl plc, the international distribution and outsourcing group, reported that group revenue for the year increased 16 percent at actual exchange rates to £8.6 billion (US$12 billion). At constant exchange rates, revenue increased by 10 percent compared to 2016. Organic revenue growth increased to 4.3 percent, the highest level since 2006.
The company acquired 15 businesses over the year, totaling £616 million (US$859.2 million) in committed acquisition spend.