B&M first quarter revenue up 13.5% to £1.3bn

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. said its revenue rose 13.5% to £1.318 billion in the first quarter of its current financial year, covering the 13 week period to June 24, 2023. 

B&M CEO Alex Russo said: “Our strong trading momentum demonstrates the strength of our unchanged strategy to relentlessly focus on price, product and excellence in retail standards.  

“The business is well positioned as we start to transition to our autumn winter season. 

“We will continue to work hard to help all our customers manage the cost-of-living crisis.”