B&M’s full year pre-tax profit has increased by 10.3% to £249.4 million.

The retailer posted a 17.1% growth in group revenue to £3.5 billion.  This comes after new store openings drove a revenue growth of 8.7% in the UK.

Simon Arora, B&M chief executive, said: “B&M has again delivered strong results against the challenging backdrop of continued structural change in our industry, rising costs and uncertain times for consumers, demonstrating that its value credentials remain as resonant as ever with customers, whether they need a bargain or just enjoy one.