However, the company, which generates less than fifth of its revenues in the UK, said at constant exchange rates, revenue was up 7pc and profit 11pc higher.
“The overall negative translation effect of adverse currency movements has significantly decreased the reported group growth rates of revenue and operating profit,” said Michael Roney, chief executive.
The company, which supplies products such as safety equipment to builders and carrier bags to supermarkets, used the results to announce four acquisitions: 365 Healthcare, which distributes products to the medical industry; Premiere Products, a cleaning supplies distributor; Lee Brothers, which supplies personal protection equipment; and Guardsman, which sells safety equipment and workwear to the construction and engineering industries.
Bunzl has long had a strategy of growth through acquisition and in the results said it expected to purchase “a number of” businesses during the rest of the year, with a "promising pipeline of opportunities and ongoing discussions taking place with various targets”.
The dividend, payable on January 2, was increased by 10pc to 11p.
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