Q3 turnover up for B&M

LIVERPOOL-based B&M Value Retail has enjoyed 20.5% third quarter growth to £789.1m from £647.8m in its UK and Germany operations.

Its Q3 results cover the period from September 25 to December 24 in the UK and October 1 to December 31 in Germany.

The company reported strong operational and financial performance through the peak trading period, including a good Christmas.

“Management is confident that the Group will meet market expectations for adjusted EBITDA in the financial year to March 2017,” a statement said.

Year-to-date revenue amounts to £1.895bn compared to £1.578bn last year.

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