Bunzl rises on annual forecast upgrade
Today 08:41
BUZZ-Bunzl rises on annual forecast upgrade ** Shares of British business supplies distributor Bunzl BNZL.L up 1.9% at 2512p
** BNZL lifts 2026 revenue forecast after demand in North America and price hikes help deliver robust sales and profit in the first-half
** Co expects H1 revenue to grow around 4% at constant exchange rates with underlying revenue growth of around 3%
** Bunzl expects annual revenue growth to be driven by modest underlying revenue growth, supported by some price inflation, as well as acquisitions
** Stock up 20.62% YTD
(Reporting by Anushka Chourasia in Bengaluru)