B&M raises profit forecast following first-half sales surge

B&M Bargains

The value operator now expects to post an adjusted EBITDA of approximately £285m for the six months to September 26, outstripping its previously guided range of £250m to £270m.

B&M said group revenues surged 25% during the period, with its UK stores generating revenue growth of 30%. On a like-for-like basis, UK sales climbed 23%.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now