B&M results a mixed bag as it prepares for new CEO's arrival

  • B&M European Value Retail SA (LSE:BME) reported a fall in profits for the past year though underlying earnings were towards the upper end of its previous guidance, as it prepares to begin a new era after a recent boardroom reshuffle.    The discount chain, which operates stores across the UK and France under the B&M, Heron Foods and Babou brands, posted preliminary results showing adjusted EBITDA up 0.6% to £620 million for the year to 29 March 2025.