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At Bunzl we never stop adding value for our stakeholders. Delivering the innovative products, solutions and insights that help our customers run their businesses more efficiently and sustainably.

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Annual Report 2023

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A year of resilience, delivering growth and margin improvement.

The Group delivered a strong operating margin in 2023. I am proud of the success our teams have had with margin management initiatives which have contributed to the margin performance, such as increasing the penetration of our own brand products, and continued strategic focus on operational efficiencies.

Read the CEO statement in full

Financial performance highlights

Sustainability performance highlights

18%

Reduction in absolute emissions since 2019

30%

more carbon efficient since 2019 

c.85%

of Group revenue is attributable to non-packaging products or packaging products made from alternative materials that are well suited to a circular economy

22%

22% women in senior leadership roles compared to 19% in 2021

1,022

1,022 ethical audits completed 

2%

Only 2% of Group revenue generated from consumables that are facing regulation

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