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Birmingham Post

Business

Jon Robinson

B&M raises expectations after strong 'Golden Quarter'

B&M has raised its expectations after its sales grew during the vital Christmas trading period.

The Liverpool-headquartered discount retail giant has revealed its group sales totalled £1.567bn for the three months to December 24, 2022, up from the £1.395bn it achieved during the same period in 2021.

As a result, B&M said it now expects its group full-year adjusted EBITDA to be between £560m and £580m, ahead of current analysts' consensus estimate of £557m.

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