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Bunzl Q1 revenue rises 4 pct at constant rates

Wednesday, 19 Apr 2017 02:00am EDT 

April 19 (Reuters) - Bunzl Plc ::Q1 trading statement Bunzl Plc.Overall trading has been consistent with expectations at time of annual results announcement at end of February.Group revenue in q1 has increased 18 pct at actual exchange rates.At constant exchange rates, revenue has risen by 4 pct compared to same period last year.Underlying revenue growth is mainly due to previously announced additional business won, albeit at lower margins, in North America towards end of 2016.No significant change in Bunzl's financial position during period and group continues to have substantial funding headroom available.