Bunzl (#BNZL) – H1 adj. EPS up to 87.7p, DPS to 20.8p, FY upgraded to “expect modest adjusted operating profit growth”

Bunzl (#BNZL) – “2026 outlook upgraded; bolt-on acquisition completed in Australia”

Bunzl (#BNZL) – Q1 “underlying revenue” +2%, though “at actual exchange rates, group revenue decreased by 0.4%”

Bunzl – states 2025 “profit in-line with expectations”. Er, not the original expectations!…

FTSE 100 “distribution and services” company Bunzl (BNZL) has announced its results for the 2025 calendar year including in its headline “2025 adjusted operating profit in-line with expectations… 2026 outlook reiterated”. So what about a current 2230p share price comparing to near 3300p at the end of 2024?

Bunzl (#BNZL) – 2025 adj. EPS down to 179.3p, DPS edged up to 74.1p, “2026 guidance for a more stable profit outlook”

Bunzl – “2025 Profit In-Line With Expectations”. Er, not the original expectations though!…

FTSE 100 “distribution and services” company Bunzl (BNZL) has issued a “Trading Statement” headlined “2025 Profit In-Line With Expectations”. What then of the shares responding lower to below 2200p comparing to a start of the year around 3300p share price?

Bunzl (#BNZL) – FY “broadly flat underlying revenue”, still operating margin decline

Bunzl – interims headlined “Profit in-line with expectations”. Er, not the original expectations though!…

FTSE 100 “distribution and services” company Bunzl (BNZL) has announced results for the first half of the 2025 calendar year headlined “Profit in-line with expectations; operational performance improvement on track”. The shares have currently responded up to just above 2500p, but what about that comparing to above 3000p in April?

Bunzl (#BNZL) – H1 adj. EPS down to 77.8p, DPS edged up to 20.2p, argues “actions taken” for improved H2 performance

Bunzl – emphasises “trading in-line with expectations”, not with original ‘resilient compounder’ expectations though…

FTSE 100 international distribution and services company Bunzl (BNZL) has issued a “Trading Statement” headlined “Trading in-line with expectations; acquisition agreed in Brazil”. However, I note a currently slightly up to 2350p share price compares to an above 3000p share price as recently as April, so what’s going on?

Bunzl (#BNZL) – H1 “broadly flat underlying revenue”, expects similar for FY whilst noting “actions are underway to improve performance”

Bunzl – another reminder that great expectations tend to mean great shareholder disappointment if the expectations are not delivered…

FTSE 100 international distribution and services company Bunzl (BNZL) has issued a “Trading Statement” including noting trading decline “reflective of an operating margin decline driven by performance in North America and Continental Europe”. With the shares having risen from 2500p in early 2021 and most recently closing at near 3100p, what about a current fall to below 2400p?

Bunzl (#BNZL) – Q1 “underlying revenue” -0.9%, reduces full-year guidance

Bunzl (#BNZL) – 2024 adj. EPS edged up to 194.3p, DPS +8% to 73.9p, expects 2025 “robust” revenue growth and operating margin in-line with 2024

Bunzl (#BNZL) – FY “small decline in underlying revenue”, operating margin “moderately above the level reported for 2023”

Bunzl (#BNZL) – H1 adj. EPS up to 90.8p, DPS +10% to 20.1p, “initial £250 million share buyback”

Bunzl (#BNZL) – Q1 LFL revenue -5.4% YoY, argues “strategic progress”

Bunzl (#BNZL) – 2023 adj. EPS +3.7%, DPS +8.9%, and now two further acquisitions; Nisbets and Pamark

Bunzl (#BNZL) – expects 2023 adj. Op profit “moderate growth”, “slightly ahead of prior guidance”

Will I be wanting a Bunzl shareholding for Christmas 2023?

I am happy to keep on avoiding shares in all of the FTSE 100 banking sector, even if far too many investors keep on trying to believe they are offering “cheap P/Es and high dividend yields”. Even a moderately competent bank analyst is going to be thinking about the sector in other ways, though I’m by contrast all over the comments this morning from the “multinational distribution and outsourcing company” Bunzl (BNZL).