B&M European Value Retail H2 Earnings Call Highlights
Key takeaways
- Chief Executive Officer Tjeerd Jegen said adjusted EBITDA came in at “the midpoint” of current guidance at GBP 459 million, while leverage returned to the company’s target range at 1.4 times.
- → Best Buy’s AI Laptop Boost Sparks Hope for a BBY Turnaround
- Interim Chief Financial Officer Peter Waterhouse said group revenue rose 3.6%, driven by store expansion, while like-for-like sales in B&M’s U.K. business were flat.
B&M European Value Retail H2 Earnings Call Highlights B&M European Value Retail logo Market Beat Wed, June 3, 2026 at 5:09 PM GMT+7 7 min read BME.L B&M European Value Retail (LON:BME) reported a difficult fiscal 2026 marked by lower profits, margin pressure and cost inflation, but management said stronger cash generation and reduced leverage give the discount retailer flexibility to invest in growth and its existing store estate.
Chief Executive Officer Tjeerd Jegen said adjusted EBITDA came in at “the midpoint” of current guidance at GBP 459 million, while leverage returned to the company’s target range at 1.4 times. He said that provided “a good foundation for driving future growth and, over time, shareholder returns.”
→ Best Buy’s AI Laptop Boost Sparks Hope for a BBY Turnaround