Bunzl Reports Revenue Growth Amidst Challenging Conditions

Bunzl ( (BZLFY) ) has released its Q2 earnings. Here is a breakdown of the information Bunzl presented to its investors.

Bunzl plc is a specialist international distribution and services group, operating primarily in the distribution of non-food consumables across various sectors, including healthcare, foodservice, and retail. The company is known for its strategic acquisitions and operational efficiency.

In its latest earnings report for the first half of 2025, Bunzl reported a slight increase in revenue at constant exchange rates, despite a challenging macroeconomic environment. The company faced a decline in operating profit and operating margin, primarily due to performance issues in North America and Continental Europe. However, Bunzl remains committed to improving operational performance and has reiterated its outlook for the remainder of the year.

Key financial highlights include a 4.2% increase in revenue at constant exchange rates, with adjusted operating profit declining by 7.6%. The company announced five acquisitions, including a significant entry into the healthcare sector in Chile, with a total committed spend of approximately £120 million. Bunzl also resumed its share buyback program, completing £114 million of the planned £200 million for 2025.

The company is optimistic about the second half of the year, expecting improved performance driven by strategic actions in North America and Continental Europe. Bunzl’s management remains confident in the company’s resilience and ability to deliver long-term growth, despite ongoing economic uncertainties.

Looking forward, Bunzl anticipates moderate revenue growth for the full year 2025, supported by acquisitions and stable underlying revenue. The company expects a slight decline in operating margin compared to 2024 but remains focused on operational efficiency and strategic growth through acquisitions.