Variety goods discount retailer B&M has reported a 3.7% increase in group revenue for FY25, reaching £5.6bn on a 52-week basis. The growth was driven by the performance of newly opened stores and positive like-for-like (LFL) sales in France, which helped offset declines in B&M UK and Heron Foods.
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In the 12 weeks to 22 March 2025, B&M UK posted a Q4 LFL decline of 1.8%, while B&M France recorded a 3.2% LFL increase. Over the full year, UK LFL sales were down 3.1%, whereas B&M France achieved a 2.6% LFL growth.
The company stated that adjusted EBITDA for FY25 is expected to exceed the midpoint of its £605m–£625m guidance range.
B&M highlighted that UK general merchandise categories such as garden, toys, paint, and stationery contributed to sales growth, showing improvement on both total and LFL bases. However, fast-moving consumer goods (FMCG) recorded negative LFL performance, though total sales values and volumes remained positive.
During the year, B&M opened 45 new UK stores, in line with its previous guidance. These stores are said to be "performing in line with expectations" and generating strong returns. The retailer confirmed that its store rollout will continue at the same pace in FY26, with another 45 openings planned.
The business continues to focus on store expansion and category performance as key drivers of future growth.
Source: www.bigfurnituregroup.com