Bunzl PLC

BNZL: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Bunzl: Solid Underlying Growth Shows Continued Short-Term Recovery; Shares Undervalued

Ben Slupecki

Oct 20, 2026

Underlying revenue rose 3.7%, driven by price and volume gains. Adjusted operating profit was consistent, in line with expectations. Management reiterated full-year guidance.

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Bunzl PLC

Bunzl: Solid Underlying Growth Shows Continued Short-Term Recovery; Shares Undervalued

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