Bunzl plc reiterated group earnings guidance for the year 2026. For the year, with economic and geopolitical uncertainties expected to continue, the group expects moderate revenue growth, at constant exchange rates, driven by some underlying revenue growth and a small benefit from announced acquisitions. The company expects revenue to be driven by slight volume growth, supported by actions taken and expected business wins in a challenging market context, alongside a broadly neutral selling price environment.
Group operating margin is expected to be slightly down year-on-year compared to 7.6% in 2025, after excluding an GBP 8 million share-based payment credit due to the reversal of prior year charges related to awards made in 2023 and 2024 which have been impacted by the Group's performance in 2025.
Bunzl plc specializes in the distribution of hygiene and safety packages, products, and materials. The group also offers packaging products, restaurant items (cutlery, glassware, kitchen utensils, etc.), cleaning products (soaps, detergents, toilet paper, custodial products, polishes, washing machines, etc.), and personal protection equipment (gloves, masks, clothing, etc.).
Net sales break down by sector into food services (31,1%), grocery stores (24,2%), safety (14.9%), hygiene and cleaning (10.7%), retail (7,8%), healthcare (7%), and other (4.4%).
Net sales are distributed geographically as follows: the United Kingdom and Ireland (15.9%), Continental Europe (20.6%), North America (53%) and other (10.5%).
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