Profits at discount retail giant B&M fell by £40m during its latest financial period despite a rise in sales, new figures have confirmed.
The Liverpool-headquartered company has ported statutory pre-tax profits of £201m for the six months to September 24, 2022, down from the £241m it achieved during the same period in 2021.
The fall was despite the group's total revenue increasing from £2.268bn to £2.309bn.