Variety goods discount retailer B&M has reported an increase in full year sales.
According to its post close trading statement, group revenues for FY25 of £5.6bn increased by +3.7% on a 52 week basis with revenue growth from new store performance and positive like-for-like sales in France offsetting negative LFL performance in B&M UK and Heron Foods.
B&M UK Q4 LFL was down 1.8% in the 12 week period to 22 March 2025. B&M France Q4 LFL was +3.2% for the same 12 week period. B&M UK Q4 13 week LFL was down 2.4%. B&M UK FY25 LFL was down 3.1% and B&M France FY25 LFL was +2.6%.
“FY25 Group adjusted EBITDA is expected to be above the midpoint of our £605m-£625m guidance range,” the retailer said.
“B&M UK general merchandise sales values and unit volumes in Q4 increased on both a like-for-like and total basis; Garden, Toys, Paint and Stationery categories have underpinned performance. FMCG delivered a negative LFL while remaining positive in total sales value and volume growth.
“Opened 45 B&M UK gross new stores in line with previous guidance. These new stores are performing in line with our expectations and are generating strong returns. Pipeline for next year continues to be robust with 45 gross new store openings expected.”
