B&M Shares Gain as FY25 Revenues Increase 3.7%

B&M European Value Retail (LON: BME) rose on Tuesday after the company reported a 3.7% increase in group revenues to £5.6 billion for the 52 weeks to 29 March 2025. 

The discount retailer also said adjusted EBITDA for the year is expected to come in above the midpoint of its £605 million to £625 million guidance range.

In early trading, the stock has gained more than 3%, climbing to over 310p a share.

B&M’s revenue growth was supported by new store openings and strong like-for-like (LFL) sales in France, offsetting weaker performance in B&M UK and Heron Foods. 

B&M France posted full-year LFL growth of 2.6%, while B&M UK saw a decline of 3.1%.

General merchandise categories such as garden, toys, paint and stationery are said to have underpinned the performance in the UK, with unit volumes and sales values up on both a like-for-like and total basis in Q4. 

However, Fast Moving Consumer Goods (FMCG) saw a decline in LFL sales, although total sales values remained positive, according to the discount retailer. The company added that actions are underway to address FMCG performance.

B&M opened 45 new UK stores during the year and expects a similar number in the next financial year. In France and Heron Foods, the company opened 11 and 14 new stores, respectively.

The company said its leverage ratio is expected to sit within the target range of 1.0–1.5x, despite paying out £300 million in dividends. Return on capital is forecast to be around 30%.

Meanwhile, B&M’s CEO succession announcement is expected in the coming weeks.