Corrected: BUZZ-UK's Bunzl rises on positive annual profit outlook

Bunzl Public

01/09/2026 08:12

Corrects second bullet point to remove incorrect reference to company earlier expecting a drop in operating profit
** Shares of Bunzl BNZL.L rise 2.8% to 2,872p
** Company expects modest growth in adjusted operating profit for the full year 
** Company's half-year adjusted profit before tax rises 8.9% to £380.9 million ($515.70 million)
** Expects annual operating margin to remain broadly flat at 7.6%
** Company also announces a £500 million share buyback plan that is scheduled to be completed over the next 12 months
** As of last close, BNZL stock up ~34.5% YTD

($1 = 0.7386 pounds)

 (Reporting by Atharva Singh in Bengaluru)
 ((Atharva.singh@thomsonreuters.com))