B & M UK stores expected to total 1200

on strong trading momentum and raised its annual profit guidance.

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10.4 per cent increase to £ 2.549 billion due to an increase in customer transactions.

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10.4 per cent increase to £ 2.549 billion due to an increase in customer transactions.

pre-tax profit reached £ 0.222 billion, up from £ 0.201 billion the previous year.

to open at least 125 new stores in the UK over the next three years, boosting sales by another 20 per cent.

B & M Group said all stores had good deals.

trading volume and new space performed well,

Accordingly, the Group will develop guidelines for EBITDA.

increase from £ 0.573 billion to between £ 620 and £ 0.63 billion in 2023.

B & M Group has opened 28 new stores.

this includes 13 UK B & M stores, 10 Heron Foods stores and 5 French B & M stores.

estimates the total number of stores in B & M's UK.

it will reach no less than 1200, but the expected number of 2017 is 950, thanks to the collapse of the retailer Wilko, I have acquired a number of stores.

B & M Group, said the "B & M" would at least double the number of stores in the UK.

French market also offers considerable long-term potential.

Russo said, "Our four growth channels have achieved strong results, thanks to our focus on low prices and cost control.

the simplicity of everything we do and the relentless focus on disciplined profit growth.

agreed to buy up to 51 former Wilko stores, he added.

this is an important step in our open plan.

Within the next three years, we expect to open in the UK/

no less than 125 new B & M stores, increasing our sales floor area by 20%%.

article reprinted in "Decogo"

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Created on:2023-11-16