B&M, a British discount retailer, reports a 2% rise in first-half earnings, aiming for full-year EBITDA of £620m to £660m.
British discount retailer B&M reported a 2% rise in first-half core earnings despite a decline in interim profit, driven by increased revenues and volume growth. The company anticipates full-year EBITDA between £620m and £660m, up from the previous year. B&M remains optimistic about its growth plans, including opening a new imports center, though analysts are concerned about the competitive environment and lack of third-quarter trading guidance.
4 months ago
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