B&M increases sales and profits


B&M increases sales and profits

B&M Home Store bucked the downward trend seen by many retailers over the past year. In its preliminary 53 week, 31 March year end results. Sales were up by 22 per cent to £2.97 billion with like-for-like revenues up by 4.7 per cent. Group pre-tax profit came in at £229.3 million.

The retailer had opened 43 new stores and is planning 45 more in the current financial year.

CEO Simon Arora said: “B&M has delivered another set of strong results by doing what we do best, which is providing great value week-in, week-out on the things customers buy regularly for their homes and families.”

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