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UK's Bunzl falls, reiterates flat annual operating margin outlook

By Reuters News07:42 (UTC), 20 October 2026 Updated

** Shares of British business supplies distributor Bunzl BNZL.L fall 3.7% to 2,724p

** Co continues to expect full-year operating margin to be broadly flat year-on-year compared to the 7.6% operating margin reported in 2025

** "FY operating margin guidance implies a y-o-y decline in margin in H2, despite the inflationary tailwind" - Jefferies

** BNZL stock up ~35.36% YTD, as of last close

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