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B&M European Value Retail's will have all eyes on outlook, says broker

Last updated: 14:00 30 May 2023 BST, First published: 12:39 26 May 2023 BST

B&M

B&M will be posting preliminary results on Tuesday and all eyes will be on current trading and outlook, according to Barclays.

The broker expects the discount retailer to deliver underlying earnings (EBITDA) within the guided range of £560mln-£580mln.

However, the high street lender believes attention will likely be on current trading, which is expected to have been held back by the weather, and the EBITDA outlook, where growth is forecast to be limited.

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