Karen Elias
Analyst, Barclays
Replay available
B&M European Value Retail S.A. (LSE: BME) Q3 2026 earnings conference call, held 2026-01-22. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:01.280 -- 00:00:07.069 Good morning and welcome to BNM European Retail's Q3 2026 trading 00:00:07.069 -- 00:00:12.217 update call. To ask a question during the session, you need to press star 1 1 on 00:00:12.217 -- 00:00:16.945 your telephone. You will then hear an automated message advising your hand is raised. 00:00:16.945 -- 00:00:19.990 To answer your question, please press star 1 1 again. 00:00:19.990 -- 00:00:23.676 I will now hand over to management to introduce the call. 00:00:23.676 -- 00:00:25.748 Please go ahead. 00:00:25.748 -- 00:00:29.972 Good morning, everyone, and thanks very much for joining this call to discuss our third 00:00:29.972 -- 00:00:34.396 quarter FY26 trading statement, which we released earlier this morning. 00:00:34.396 -- 00:00:38.420 My name is Gia Jay from CEL, and I'm in the room here with Helen Cowling, our interim 00:00:38.420 -- 00:00:42.684 CFO, and Andrew Orchard, our head of investor relations. 00:00:42.684 -- 00:00:47.409 And on the back of this trading update and the guidance change that we communicated today, 00:00:47.409 -- 00:00:52.428 we wanted to hold this call to give you some context and also opportunity for questions. 00:00:52.428 -- 00:00:56.151 So before we go into questions, I would like to start with some prepared remarks. 00:00:56.151 -- 00:00:59.715 And I would like to start with some backgrounds. 00:00:59.715 -- 00:01:03.978 On the date of the announcement, so we would normally announce October 3 numbers a bit 00:01:03.978 -- 00:01:09.604 earlier. This time was a bit later because we want to take sufficient time to both prepare 00:01:09.604 -- 00:01:14.748 our trading results properly and diligently, but also spend sufficient time to undertake 00:01:14.748 -- 00:01:18.412 a thorough evaluation of ...