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BMRRY / B&M European Value Retail profit falls as margins squeezed

B&M European Value Retail profit falls as margins squeezed
B&M European Value Retail SA (LSE:BME) reported a drop in annual profit despite a jump in revenue as margins were squeezed by the impact of rising costs. In the 52 weeks to March 25, group revenues totalled £4.98bn, up 6.6% from £4.67bn the year prior but statutory pre-tax profit fell to £436mln from £525mln with statutory diluted earnings per share of 34.7p, down from 42.1p). Read More
Posted: May 31 2023, 02:53
Author Name: Proactive Investors
Views: 112560

BMRRY News  

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