Sher Jagan
Chief Executive Officer
Replay available
B&M European Value Retail S.A. (BME) Q1 2026 Earnings Call
B&M European Value Retail S.A. (LSE: BME) Q1 2026 earnings conference call, held 2025-07-15. Replay captured from the company's public earnings webcast.
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.637 Good morning, everyone. My name is Tjeerd Jegen and I'm a new CEO at BNM. 00:00:05.637 -- 00:00:10.382 As I've just recently started at BNM and I'm still in the middle of my induction, I felt 00:00:10.382 -- 00:00:13.585 recording this update is most suitable. 00:00:13.585 -- 00:00:16.448 This will be the only time I will do this. 00:00:16.448 -- 00:00:21.593 In future, I'm looking forward to giving live updates and holding Q&A 00:00:21.593 -- 00:00:26.718 sessions as I strongly believe in a direct and transparent relationship 00:00:26.718 -- 00:00:30.457 with our analysts and our investors that follow us. 00:00:30.457 -- 00:00:34.322 I would like to start with a few words of personal introduction. 00:00:34.322 -- 00:00:39.129 My professional career spends 13 years in retail and of that I have spent about half 00:00:39.129 -- 00:00:43.555 my time in food and half my time in non-food. 00:00:43.555 -- 00:00:48.822 I've worked in three different continents in both private equity and listed businesses. 00:00:48.822 -- 00:00:53.869 And before becoming a CEO, I was in the commercial and buying part of the retail companies 00:00:53.869 -- 00:00:57.614 I've worked at. And it's also my natural focus. 00:00:57.614 -- 00:01:01.956 I always start with looking at the customer proposition and looking at the business from 00:01:01.956 -- 00:01:04.699 the customer's perspective. 00:01:04.699 -- 00:01:10.145 The last 10 years, I've worked both in variety value retail and discount apparel. 00:01:10.145 -- 00:01:15.570 And it's my strong conviction that discount retail has tremendous potential, especially 00:01:15.570 -- 00:01:17.933 in physical stores. 00:01:17.933 -- 00:01:21.917 My motivation for taking on the B&M role is this. 00:01:21.917 -- 00:...