LONDON (dpa-AFX) - B&M European Value Retail S.A. (BME.L) announced that Alex Russo will retire as Group Chief Executive and a Director of the Company with effect from 30 April 2025.
The company said it is in the advanced stages of a recruitment process to appoint a new Chief Executive Officer with the support of a leading executive search firm, and will provide an update in due course.
Looking ahead for fiscal year 2025, the company now expects group adjusted EBITDA, pre-IFRS 16, to be in the range of 605 million pounds to 625 million pounds compared to the prior estimation of 620 million pounds to 650 million pound.
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