Bunzl plc (LSE:BNZL) has reported a 4.2% increase in revenue at constant exchange rates for the first half of 2025, despite what it described as a difficult operating backdrop. Operating margin and adjusted operating profit declined, particularly in North America and Continental Europe, but the group is implementing measures aimed at strengthening performance.
During the period, Bunzl announced five acquisitions, including Gisa in Mexico and Quindesur in Spain, with a total committed spend of about £120 million. The company also resumed its share buyback program and raised its interim dividend, underscoring confidence in its financial position. Management expects performance to improve in the second half of the year, supported by both ongoing strategic initiatives and the contribution of recent acquisitions.
Bunzl’s outlook remains underpinned by solid financial discipline and continued growth through acquisitions and shareholder returns. While some technical indicators call for caution, the valuation is still viewed as attractive, and the latest earnings call provided a positive outlook for investors.
About Bunzl plc
Bunzl is an international distribution and services group specializing in non-food consumables. It supplies a broad range of products and services to industries including foodservice, grocery, cleaning and hygiene, and healthcare. The company maintains a strong geographic footprint with significant operations across North America, Continental Europe, the UK & Ireland, and other international markets.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Leave a Reply