Bunzl lifts 2026 revenue outlook, shares trade higher in FTSE 100

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 13:27.

Bunzl (GB00B0744B38) upgraded its full-year 2026 revenue outlook on Tuesday after reporting stronger first-half trading, with the London-listed distributor citing improving volumes in North America and support from acquisitions, as reported by Alliance News and Reuters in early FTSE 100 coverage.Reuters report on Bunzl outlook

What today’s update shows

According to Alliance News, Bunzl now expects group revenue in 2026 to grow at about 4% at constant exchange rates in the first half, up from previously flagged "moderate" growth, helped by roughly 3% underlying revenue expansion and a small contribution from acquisitions.Alliance News summary of the trading update

The company kept its operating margin guidance for the year broadly unchanged, still pointing to a slight year-on-year decline as pricing normalizes and fuel and labor costs remain elevated, but it now anticipates adjusted operating profit to increase compared with 2025, supported by volume recovery in North America.Investing.com analysis of Bunzl’s margin guidance

Analysts see room for consensus upgrades

MarketWatch quoted Peel Hunt analyst Andrew Nussey as saying that the upgraded guidance and better first-half trading suggest scope for a slight increase in consensus revenue estimates for Bunzl, which trades on the London Stock Exchange under ticker BNZL in the FTSE 100 index.MarketWatch report with analyst commentary

On Tuesday morning, Bunzl shares were indicated around 2,512 pence at 09:44 London time, up roughly 1.9% on the day and near the upper half of their 52-week trading range between about 1,982 pence and 2,632 pence, according to price data from Davy and Investing.com.Davy quote for Bunzl shares

The business behind the guidance

Bunzl generates most of its revenue from distributing essential consumables such as cleaning and hygiene products, packaging, and personal protective equipment to customers in sectors including foodservice, grocery, healthcare, and safety, with North America and Europe as key geographic profit drivers.Bunzl company overview

Where the shares trade today

The Bunzl shares (GB00B0744B38) trade on 2026-06-23, 09:44, on the London Stock Exchange at 2,512.00 pence.

This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities.