Bunzl plc (BNZL.L), a distribution and outsourcing company, on Monday reported lower profit for the full year, despite modest top-line growth.
Profit before tax declined 7.9% to £620.5 million from £673.6 million, a year ago.
Excluding one-time items, adjusted profit before tax fell 7.4% to £787.1 million from £872.9 million last year.
Operating profit decreased 8% year-on-year to to £735.3 million from £799.3 million, while adjusted operating profit decreased 6.7% to £910.3 million from £976.1 million.
Profit after tax attributable to the company's equity holders decreased to £459.2 million or 140.9p per share from £500.4 million or 148.7p per share last year.
Adjusted earnings dropped to £581.9 million or 179.3p per share from £649.9 million or 194.3p per share.
Revenue, however, edged up to £11.845 billion from £11.776 billion, an increase of 0.6%.
The Board recommended a final dividend of 53.9p per share for 2025.
For fiscal 2026, the company reiterated its outlook, expecting moderate revenue growth at constant exchange rates.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.