B&M European Value Retail S.A. reported that its Group revenue growth was 5.0% year-on-year to 1.64 billion pounds for the 13 week period from 24 September 2023 to 23 December 2023. Year to date growth was 8.1% to 4.19 billion pounds on a constant currency basis. In the 14 week period to 30 December 2023, B&M UK like-for-like revenue growth was 1.2%.
Looking forward, the Group reiterated guidance for adjusted EBITDA pre-IFRS 16 within target range of 620 million pounds - 630 million pounds for fiscal 2024.
The Board will be declaring a special dividend of 20.0 pence per share to be paid on 9 February 2024 to shareholders on the register at 19 January 2024. The ex-dividend date will be 18 January 2024.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.