WS Investor
22 Dec 2025, 13:36
Bunzl Expects 2025 Profit In Line With Expectations, Signals Moderate Growth in 2026
Bunzl confirmed that its 2025 adjusted operating profit is expected to be in line with market expectations, despite continued macroeconomic challenges across key end markets. Group revenue is forecast to grow by 2–3% at constant exchange rates, driven primarily by acquisitions, with operating margins around 7.6% and a moderation in margin pressure in the second half of the year. Performance improvements in North America and Continental Europe, alongside Nisbets synergy benefits, are supporting momentum into the final quarter. Looking ahead, Bunzl expects moderate revenue growth in 2026 at constant exchange rates, with operating margins slightly lower year-on-year, while remaining confident in the group’s resilience, active acquisition pipeline, and ability to deliver medium-term compounding growth.
Source: Bunzl RNS trading statement, 17 December 2025
Bunzl confirmed that its 2025 adjusted operating profit is expected to be in line with market expectations, despite continued macroeconomic challenges across key end markets. Group revenue is forecast to grow by 2–3% at constant exchange rates, driven primarily by acquisitions, with operating margins around 7.6% and a moderation in margin pressure in the second half of the year. Performance improvements in North America and Continental Europe, alongside Nisbets synergy benefits, are supporting momentum into the final quarter. Looking ahead, Bunzl expects moderate revenue growth in 2026 at constant exchange rates, with operating margins slightly lower year-on-year, while remaining confident in the group’s resilience, active acquisition pipeline, and ability to deliver medium-term compounding growth.
Source: Bunzl RNS trading statement, 17 December 2025