Summarize and humanize this content to 2000 words in 6 paragraphs in English UK discount retail chain B&M expects group adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) for the fiscal year 2025 (FY25) to surpass the guidance midpoint of £605m ($796.05m) to £625m. The retailer’s total revenue rose 3.7% to £5.6bn for the fiscal year 2025 on a comparable 52-week basis from FY24. The company’s revenue rise is attributed to strong performance from newly opened stores and positive sales in its French operations, which helped to counterbalance the negative like-for-like (LFL) sales observed in B&M UK and Heron Foods. B&M UK experienced a decline of 3.1% in LFL sales during FY25, while B&M France enjoyed 2.6% growth. In the final quarter of the fiscal year, B&M UK’s LFL sales decreased 1.8% while B&M France reported a 3.2% increase. Despite the dip in LFL sales, B&M UK saw an increase in general merchandise sales values and unit volumes both on an LFL and total basis during Q4. The performance was bolstered by the garden, toys, paint and stationery categories. However, fast-moving consumer goods (FMCG) experienced a negative LFL trend while still showing growth in overall sales value and volume. The company is taking measures to enhance FMCG’s LFL performance. B&M has opened 45 new stores in the UK since spring 2024, aligning with previous projections. Looking ahead, the company maintains a solid pipeline with plans to inaugurate another 45 new stores. In France and under the Heron Foods brand, progress continued with the opening of 11 and 14 new stores respectively throughout the year. As of 29 March 2025, B&M operated 777 stores in the UK under the B&M brand, along with 343 stores under Heron Foods and B&M Express brands.135 French stores were also operating under the B&M brand. The gross margin for B&M UK remained robust due to volume growth and relatively stronger trading within general merchandise categories. Alongside these financial developments, the company’s board is advancing with its CEO succession plan and expects to make an announcement during the spring of 2025. “B&M expects FY25 adjusted EBITDA to top midpoint of guidance” was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
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