Ticker

Bunzl Cleaning & Hygiene earns OECM Diamond Supplier Status for excellence in service, compliance, and value to Ontario's education and public sectors.

Bunzl PLC (LSE:BNZL) upgraded its outlook for the 2026 financial year after reporting stronger-than-expected trading in the first half and completing a small acquisition in Australia. The FTSE 100 distribution and services group said revenue in the six months to 30 June is expected to rise about 4% at constant exchange rates, including underlying revenue growth of around 3%.

Bunzl PLC (LSE:BNZL) is likely to face growing pressure to reshape its North American business after reports that activist investor Elliott Management has built a stake of almost 5% in the FTSE 100 distributor. Ahead of an expected trading update next week, Elliott is said to be pushing for a strategic review of Bunzl's largest division and a share buyback worth up to 10% of the company's market value.

U.S.-based activist investor Elliott Investment Management has taken a near 5% stake in business supplies distributor Bunzl , according to a person familiar with the ​matter, sending the British group's shares up 3%.