The discount retailer B&M issued a trading update this morning which included an advisory that it was revising down full year EBITDA figures. Management are moving through a Back to B&M Basics plan and whilst there are positive signs here in terms of clearing old lines, this is coming at the cost of discounting. Full year adjusted EBITDA targets are being revised lower as a result and are now expected to land between £440m and £475m rather than the previously cited £470m to £520m. The B&M share price is down around 3% in early trade as a result.
High tech manufacturer Senior issued pre-close trading update for the full year this morning, leading with news that following the last update in November, trading has been stronger than expected and full year pre-tax profits are on track to come in well ahead of the previous forecasts. On top of this, trading for 2026 has also started well, whilst the proceeds of disposals are being used to reduce debt, too. The Senior share price was up 7% as a result.
Technology and services provider Computacenter issued a pre-close trading update today, noting that a strong second half performance had pushed the full year results ahead of expectations. Revenues are up 32% and management are eyeing further financial progress on an organic basis in FY26. The Computacenter share price was up almost 10% at 9am.
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