B&M profits slip as boss Arora warns of challenging second half

Exterior of B&M Bargains store

B&M delivered a slip in profits but a jump in group revenues as boss Simon Arora flagged the challenges facing the retail industry heading towards the crucial Christmas period.

For the period covering 26 weeks to September 25, 2021, B&M reported a 4.6% decrease in group-adjusted EBITDA to £282.2m and a 6.2% slip in group-adjusted profits before tax to £238m. 

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