B&M Crashes To 9-Year Lows As Accounting Error Forces Fresh Profit Warning
Forbes·2025-10-20 08:40
Photographer: Chris Ratcliffe/Bloomberg© 2023 Bloomberg Finance LPShares in B&M European Value retail slumped on Monday as an accounting blip forced another profit warning and the departure of its chief financial officer.At 184.1p, B&M shares were last 15% lower in start-of-week business. They were dealing at their cheapest since October 2016 earlier in the session.The FTSE 250 company said its half-year results consolidation process “has identified… approximately £7 million of overseas freight costs not co ...