Company Overview - Bunzl is a London listed international group of distribution companies focused on cleaning and hygiene, healthcare, safety, and grocery and foodservice markets [1] Investment Focus - The investment strategy emphasizes companies that pay healthy dividends while waiting for capital appreciation, targeting businesses that are temporarily undervalued compared to their fundamentals, peers, or historical levels [2]

Core Insights - ServiceTitan has announced a strategic collaboration with ABC Supply Co., Inc. to enhance procurement and estimating processes for roofing contractors [1][2] - The integration aims to provide accurate product catalogs, pricing, and order status directly within ServiceTitan's platform, improving operational efficiency and customer satisfaction [2][3] Company Overview - ServiceTitan is a cloud-based software platform designed to support trades businesses, offering tools for business management and customer experience enhancement [5] - ABC Supply Co., Inc. is the largest wholesale distributor of roofing and other building products in North America, focusing on serving professional contractors since its founding in 1982 [7] Integration Features - The integration will allow for branch-specific, up-to-date pricing pulled nightly, ensuring contractors have the most current costs for accurate estimates [5] - Location-aware estimates will automatically apply branch-level prices based on job location, maintaining profitability across different markets [5] - Real-time validation at purchase will check current pricing and availability, reducing order errors and material delays [5] - The seamless estimate-to-order flow will enable teams to convert estimates into electronic purchase orders instantly [5] - Contractors will have access to ABC's full catalog with product names and imagery, enhancing proposal accuracy and professionalism [5] Industry Context - Material prices are a significant concern for contractors, with 64% indicating that rising costs may hinder growth and profitability [3] - Supply chain disruptions in the roofing industry are making it increasingly challenging for contractors to source materials at the right time and price [3]

Core Viewpoint - Ferguson plc is highlighted as a strong investment opportunity due to its increasing earnings estimates and attractive dividend yield compared to industry averages [1][2]. Company Overview - Ferguson plc is a distributor of plumbing and heating products primarily serving professional contractors and consumers in the USA, UK, Nordics, Canada, and Central Europe [1]. - The Zacks Consensus Estimate for Ferguson's current year earnings has increased by 1.7% over the last 60 days [1]. Investment Characteristics - Ferguson has a Zacks Rank of 1 (Strong Buy), indicating strong investment potential [2]. - The company offers a dividend yield of 1.6%, significantly higher than the industry average of 0.0% [2].

REXEL ANNUAL SHAREHOLDERS’ MEETING OF APRIL 29, 2025 Rexel’s Combined Shareholders' Meeting was held today in Paris under the Chairmanship of Agnès Touraine, Chairwoman of the Board of Directors. All resolutions were approved by the Shareholders. The results of the votes and the video webcast are available on the Company's website: www. rexel.com (section: Investors/Events/ Annual General Shareholders’ Meeting 2025). Payout of 1.20 euro per share The Shareholders’ Meeting approved the distribution of an amo ...