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B&M share price hits record low following earnings warning


By Dan McGrath

Shares in B&M dropped by over 14% in early trading to a record low after the retailer stated that it expects its earnings to drop by 28% in the first half of its financial year.

The discount variety store chain said in its H1 trading update that its EBITDA is set to drop from £274m in the first half of its 2025 financial year to £196m


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Anglo American defends Teck merger despite forecast cuts

Anglo American has backed its own due diligence on its merger with Teck Resources, after the Canadian firm slashed its copper output guidance

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Greencore raises profit guidance following strong Q4

Greencore is expecting to report full-year revenue of approximately £1.95bn, after suggesting its Q4 performance was driven by new business wins and favourable weather

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Marston’s set to beat full-year profit expectations

Marston’s has stated that its profit before tax is set to be ahead of market expectations in the year to 27 September

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Shell reports ‘steady’ Q3 update

Shell has reported a "steady-as-she-goes" assessment of its Q3 trading, AJ Bell has stated, with outlook improvements in both integrated gas and upstream production

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Unite reiterates earnings guidance ahead of 25/26 academic year

Unite Students has reiterated its earnings per share (EPS) guidance of 47.5p to 48.25p for the full financial year

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Imperial Brands set to hit full-year guidance

Imperial Brands has said that it is on track to deliver its full-year guidance for the current financial year, following growth in both its tobacco and next generation products (NGP) divisions

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Shawbrook confirms London IPO plans

Shawbrook Bank has officially confirmed it is considering an initial public offering (IPO) on the London Stock Exchange, following recent media speculation.

The Financial Times last week reported that the UK bank’s private equity owners, BC Partners and Pollen Street Capital, were considering an intention to float the bank in a boost for London’s struggling market

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Aston Martin issues profit warning in 'challenging' market

Aston Martin has issued a profit warning for its full financial year, as uncertainties around tariffs have continued to impact the firm’s finances

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Mondi share price hits 12-year low following trading update

Mondi has seen its share price fall to a 12-year low after publishing an update that stated that challenging trading conditions are expected to persist for the remainder of the year

Princes Group announces IPO intention

Princes Group is considering an initial public offering (IPO) to float on the main market of the London Stock Exchange
Greggs’ growth slows following July heatwave

Greggs has seen its like-for-like (LFL) sales increase by 1.5% in the 13 weeks to 27 September, following a "heat-affected" July
Tesco ups profit guidance in H1 results

Tesco has increased its full-year profit guidance to between £2.9bn and £3.1bn, following an increase in its sales.

The supermarket’s sales rose by 5.1% year-on-year in the six months to 23 August to £33.1bn, while its operating profit jumped by 1.6% to £1.7bn


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