B&M profits drop but predicts growth this year

// B&M profits fall due to rising operational costs
// The value retailer posted a 17% drop in pre-tax profits to £436m in the year to 25 March 2023B&M has posted a drop in full-year profits, despite sales edging up slightly, as the retailer battled with rising cost pressures.
Pre-tax profits for the value retailer fell 17% to £436m, down from £525m, in the year to 25 March 2023.
Group sales edged up 6.6% over the period to £4.98bn, which was 30.7% ahead of p