B&M share price up despite huge profit drop

Profits at B&M fell 47% after a difficult year in which its CFO resigned. Despite issuing a series of profit warnings last year and the exit of finance chief Mike Schmidt over a £7 million accounting error, the results published today caused a 15% spike in the FTSE 250 firm’s share price (writing at 2.15pm). … Continue reading B&M share price up despite huge profit drop