Bunzl Plc · LSE:BNZL
Bunzl — Investor Presentation (March 2009)
25 slides from Bunzl's investor presentation, March 2009
Slide 1: Delivering for Our Customers
DELIVERING FOR OUR CUSTOMERS An overview of Bunzl plc – March 2009
Slide 2: What we do
What we do Bunzl is a leading specialist distribution group supplying a wide range of non-food consumable products to various customer markets including grocery, foodservice, cleaning and safety, non-food retail and healthcare 1
Slide 3: Who we are
Who we are • UK plc with HQ in London • Listed FTSE 100 • Support Services sector • Revenue £4.2bn (2008) MAP TO FOLLOW • 13,000 employees • Across 23 countries • On 4 continents 2
Slide 4: Where we come from
Where we come from Moritz Bunzl registers a haberdashery business in Bratislava, now the capital of Slovakia. HQ relocates to Vienna and paper manufacturing business begins. HQ relocates to London due to political upheaval in Central Europe. Bunzl lists as a public company on London Stock Exchange.
Slide 5: Geographic Expansion
Geographic Expansion 23 countries 18 countries 12 countries 7 countries 1997* 2003* 2005* 2008 * Continuing operations 4
Slide 6: Growth Track Record
Growth Track Record Revenue (£bn) Operating profit (£m) 00-05 continuing operations Before amortisation and corporate costs 00-05 continuing operations 4.2 297 CAGR= 11% CAGR= 11% 259 3.6 241 3.3 218 2.9 183 2.4 171 2.3 164 2.2 158 2.1 1.8 128 2000 2001 2002 2003 2004 2005 2006 2007 2008 2000 2001 2
Slide 7: Our Geographical Markets
Our Geographical Markets 2008 revenue by business area 5% 20% North America 49% UK & Ireland 26% Continental Europe Rest of the World 6
Slide 8: North America
North America • HQ in St. Louis • 2008 revenue £2.1bn • 3,500 employees • 80+ distribution centres • Serving USA, Canada, Mexico and Puerto Rico Some of our business and product brands in the region: 7
Slide 9: UK & Ireland
UK & Ireland • HQ in Epsom • 2008 revenue £1.1bn • 5,000 employees • 80+ distribution centres • Covering UK and Ireland Some of our business and product brands in the region: 8
Slide 10: Continental Europe
Continental Europe • HQ in Amsterdam • 2008 revenue £823m • 3,300 employees • 35+ distribution centres • 11 countries Belgium, Czech Republic, Denmark, France, Germany, Hungary, Netherlands, Poland, Romania, Slovakia and Spain Some of our business and product brands in the region: 9
Slide 11: Rest of the World
Rest of the World 2008 revenue of £199m Australia & New Zealand • HQ in Melbourne • 500 employees • 20+ distribution centres Brazil • Based in São Paulo • 300 employees • 7 distribution centres Some of our business brands in the region: 10
Slide 12: Markets We Serve 2008
Markets We Serve 2008 Healthcare Other 7% 8% Non-Food Retail 8% Grocery 25% Cleaning & Safety 19% Foodservice 33% 11
Slide 13: Our Distribution Process: One Step
Our Distribution Process Manufacturer TO TO Customer “One Step” 12
Slide 14: Grocery
Grocery Bunzl is a leading supplier of goods not for resale (essential items the customer uses but does not actually sell) to grocery stores, supermarkets, retail chains and convenience stores Products include: food packaging, films, labels, cleaning and hygiene supplies 13
Slide 15: Foodservice
Foodservice Bunzl is a leader in the supply of non-food consumables to the hotel, restaurant, contract catering, leisure and food processor sectors Products include: food packaging, napkins, disposable tableware, guest amenities, wide range of light and heavy catering equipment, cleaning and hygiene
Slide 16: Cleaning and Safety
Cleaning and Safety Bunzl is a leading supplier of cleaning and hygiene materials to facilities management companies, contract cleaners and other industrial and healthcare customers Products include: cleaning chemicals, hygiene paper and ancillary products We also offer a wide range of personal prot
Slide 17: Non-food retail
Non-food retail Bunzl supplies a comprehensive range of goods not for resale to department stores, boutiques, office supply companies, retail chains and home improvement chains Products include: counter service packaging and a full range of cleaning and hygiene products 16
Slide 18: Healthcare
Healthcare Bunzl supplies a comprehensive range of disposable healthcare consumables to the healthcare sector including hospitals, retirement and nursing homes and doctors’ surgeries and clinics Products include: gloves, incontinence products, swabs, bandages and gowns 17
Slide 19: Our Distribution Process: Two Step
Our Distribution Process Manufacturer TO TO Redistributor TO Customer “Two Step” 18
Slide 20: Redistribution
Redistribution As a major wholesaler for non-food consumable products, Bunzl is also a provider of outsourcing solutions to multiple distribution segments, such as specialty food wholesalers, janitorial distributors, foodservice broadliners and other smaller distributors 19
Slide 21: Benefits to Customers: Our Supply Chain
Benefits to Customers: Our Supply Chain Global sourcing International Consolidation Range of Customer & procurement warehousing of consumables delivery options & distribution infrastructure Supported by an integrated I.T. platform 20
Slide 22: Benefits to Customers: Global Procurement
Benefits to Customers: Global Procurement Preferred suppliers Sourcing Own brands + Commodities Low cost sources Eco-friendly products 21
Slide 23: Benefits to Customers: Niche Products
Benefits to Customers: Niche Products Responding to market requirements with environmentally friendly product ranges and continuously developing our “Green” product range • Degradable • Compostable • Recycled • Recyclable or reusable 22
Slide 24: Benefits to Customers: Why Bunzl?
Benefits to Customers: Why Bunzl? By outsourcing the purchasing, consolidation and distribution of a broad range of non-food consumable products, our customers are able to: • Focus on their core business • Achieve substantial purchasing efficiencies and savings • Free up working capital • Improve di
Slide 25: Delivering for Our Customers
DELIVERING FOR OUR CUSTOMERS