B&M European Value Retail S.A. (BMRRY) Q2 2026 Sales Call Transcript

News Room
By News Room 2 Min Read

B&M European Value Retail S.A. (OTCPK:BMRRY) Q2 2026 Sales Call October 7, 2025 4:00 AM EDT

Company Participants

Gerardus Jegen – Chief Executive Officer
Mike Schmidt – CFO & Executive Director

Conference Call Participants

Vandita Sood Chowdhary – Citigroup Inc., Research Division
Benedict Anthony John Hunt – Panmure Liberum Limited, Research Division
Manjari Dhar – RBC Capital Markets, Research Division
Adam Cochrane – Deutsche Bank AG, Research Division
Jonathan Pritchard – Peel Hunt LLP, Research Division
Geoff Lowery – Rothschild & Co Redburn, Research Division
Kate Calvert – Investec Bank plc, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the B&M Retail H1 Full (sic) [ Fiscal ] Year ’26 Trading and Operational Update Webcast and Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your first speaker today, Tjeerd Jegen, CEO. Please go ahead, sir.

Gerardus Jegen
Chief Executive Officer

Thanks very much, and good morning, everyone, and thank you for joining us on today’s call. My name is Tjeerd Jegen, and I’m the CEO of B&M Retail. And with me here on the call is our CFO, Mike Schmidt. We wanted this opportunity to speak to you today following the trade and operational update that we issued at 7:00 a.m. this morning. And what you can expect from us in this update is that Mike will take us through the financial aspects in a moment, and I will then basically talk about the Back to B&M Basics, as we call it, program that we’ve kicked off, which is to basically improve our operational performance because it’s obviously not where we want it to be. But before that, I would like to say a few words of introduction.

So back in July, I shared my

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