Bunzl upgrades outlook, unveils £500m buyback after strong H1 performance
Bunzl has raised its 2026 earnings guidance and unveiled a £500 million share buyback programme following a strong first half of 2026. The company reported revenue of £5.93 billion, a 3% increase year-on-year, with underlying revenue growth of 3.2%. Adjusted operating profit rose 8.9% to £440.6 million, and adjusted earnings per share increased 11.4% to 87.7p.
CEO Frank van Zanten upgraded the 2026 guidance, citing an expected flat operating margin year-on-year and modest revenue and profit growth. Bunzl highlighted an uncertain macroeconomic environment but emphasized its resilience and agility to support the positive outlook.
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