B & M Europ.Value Retail

The trading update from B&M European Value Retail SA (LSE:BME) showed a better end to a tough year, analysts said, fresh from shares in the discounter sinking to an eight-year low after a profit warning in February. Sales rose 3.7% in the year to March, broadly in line with City analyst expectations.» Mehr auf proactiveinvestors.co.uk

Discount retailer B&M on Tuesday forecast annual profit above the midpoint of its outlook range, buoyed by strong sales from new stores and its French operations, and cost-cuts that are helping it offset cautious demand from customers.» Mehr auf reuters.com

B&M European Value Retail SA (LSE:BME) narrowed its profit guidance for the past year to March and said it will announce a new chief executive "in the coming weeks" Having made a profit warning in February, the discount retailer said the final level of adjusted EBITDA is expected to be "above the midpoint" of the guidance range it gave at the time of £605 million to £625 million. Revenues for the 52-week period to 29 March 2025 came in at £5.6 billion, representing a 3.7% increase on the prior year.» Mehr auf proactiveinvestors.co.uk