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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