B&M has raised its half-year profit guidance following a “strong” uplift in sales.
The value operator now expects to post an adjusted EBITDA of approximately £285m for the six months to September 26, outstripping its previously guided range of £250m to £270m.
B&M said group revenues surged 25% during the period, with its UK stores generating revenue growth of 30%. On a like-for-like basis, UK sales climbed 23%.
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