News and Announcements
Bunzl holds guidance as Q1 revenue grows despite political uncertainty
By Frank Prenesti
Date: Wednesday 22 Apr 2026
(Sharecast News) - Logistics specialist Bunzl reiterated full year guidance despite an uncertain geopolitical and macroeconomic environment after a rise in first quarter revenues.
The company said it continued to expect operating margins to be slightly lower year on year with "some underlying revenue growth and a small benefit from acquisitions" after group revenue in the first quarter grew by 1.5% at constant exchange rates supported by volume growth and tariff-related price increases.
Underlying revenue grew by 2%. Acquisitions net of disposals contributed growth of 0.6%, while fewer trading days in the period impacted revenue by 1.1%, Bunzl added in a trading statement on Wednesday.
At actual exchange rates, group revenue decreased by 0.4%. Adjusted operating profit over the period was consistent with our expectations "for a more stable performance in 2026".
Chief executive Frank van Zanten said there continued to be a significant consolidation opportunity for the company: "Our pipeline is active and we see an improved outlook for acquisitions in 2026 compared to the prior year."
Reporting by Frank Prenesti for Sharecast.com
See the latest RNS on Investegate
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research