B&M European Value Retail S.A. (BME.L) announced that Alex Russo will retire as Group Chief Executive and a Director of the Company with effect from 30 April 2025.
The company said it is in the advanced stages of a recruitment process to appoint a new Chief Executive Officer with the support of a leading executive search firm, and will provide an update in due course.
Looking ahead for fiscal year 2025, the company now expects group adjusted EBITDA, pre-IFRS 16, to be in the range of 605 million pounds to 625 million pounds compared to the prior estimation of 620 million pounds to 650 million pound.
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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.