B&M has announced preliminary results for its full trading year, with group revenues up 23.6% to £2.04bn.
Pre-tax profits were up 150% to £154.5m. It comes following a ground-breaking year of store openings, with the retailer opening 79 new shops across the UK. The total number of B&M outlets was 499 at the end of March, with a further 50 new stores planned for 2017.

The business has also set its sights on Germany where it is planning to open 19 new stores.

Said B&M's chief executive Simon Arora: "B&M's disruptive pricing, unique sourcing model and range discipline has continued to drive our business forward to win market share.

"More people are able to access our stores as a result of our continuing and successful new store programme. We now regularly serve 3.3 million customers on average each week.

"As a result of a record 79 new stores opened in the financial year, we have now passed the milestone of 500 UK stores."