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FTSE 100 Live: Stocks to open in red as oil climbs, B&M and Boohoo results out

📅June 3, 2026
📰Yahoo Finance
FTSE 100 Live: Stocks to open in red as oil climbs, B&M and Boohoo results out

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B&M European Value Retail has reported a 38% fall in annual profits, coming from weak trading in the UK being exacerbated by what it admits are "execution issues".

However, chief executive Tjeerd Jegen said the turnaround programme is beginning to show signs of progress.

The FTSE 250-listed discount retailer posted adjusted profit before tax of £284 million for the 2026 financial year, down from £455 million a year earlier, while adjusted EBITDA fell 26% to £459 million.

Original Headline

FTSE 100 Live: Stocks to open in red as oil climbs, B&M and Boohoo results out