Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Lockdown sales boost at B&M prompts £250m special dividend

106

Profits nearly double to £296m as revenues surge 30% as retailer benefits from out-of-town locations

Discount retailer B&M is paying its shareholders a £250m special dividend, after a boost in sales during lockdown almost doubled profits in the first half of the year.

The group, which sells everything from homeware and toys to electrical items and pet supplies, was among the essential retailers allowed to remain open during the UK-wide lockdown in the spring, when it proved popular with shoppers.

Continue reading…

Leave A Reply

Your email address will not be published.