Includes regulatory news, press releases, case studies and media library. British business supplies distributor bunzl cut its 2025 forecast and paused its share buyback programme on wednesday, citing pressure on its north american business, sending shares down 25.7% to. What's going on at bunzl (lon:bnzl)
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Bunzl (lon:bnzl) has had a rough month with its share price down 12%
Investors in global distribution and outsourcing group bunzl (bnzl) received an uncharacteristic negative surprise as the ftse 100 firm cut its earnings outlook and suspended its share buyback. The british distributor of professional supplies bunzl has reduced its forecasts for 2025 and suspended its share buyback program, due to pressure on its north american activities and an uncertain global economic climate. Bunzl said revenue will be higher this year because of a wave of acquisitions it has made this year It has already bought 13 smaller companies in 2024, spending £850 million in the process.
