B&M European Value Retail S.A. (OTCPK:BMRRY) Q1 2026 Sales/Trading Statement Call July 15, 2025 4:00 AM ET
Company Participants
Dave McCarthy – Head of Investor Relations
Gerardus M. Jegen – Chief Executive Officer
Gerardus M. Jegen
Good morning, everyone. My name is Tjeerd Jegen, and I’m a new CEO at B&M.
As I’ve just recently started at B&M and I’m still in the middle of my induction, I felt recording this update is more suitable. This will be the only time I will do this. In future, I’m looking forward to giving live updates and holding Q&A sessions, as I strongly believe in a direct and transparent relationship with our analysts and our investors that follow us.
I would like to start with a few words of personal introduction. My professional career spans 13 years in retail, and of that, I’ve spent about half my time in foods and half my time in nonfoods.
I’ve worked in 3 different continents in both private equity and listed businesses. And before becoming a CEO, I was in the commercial and buying part of the retail companies I’ve worked at. And it’s also my natural focus. I always start with looking at the customer proposition and looking at the business from the customer’s perspective.
The last 10 years, I have worked both in variety value retail and discount apparel. And it’s my strong conviction that discount retail has tremendous potential, especially in physical stores. My motivation for taking on the B&M role is this. It provides me with the opportunity to use my international food and general merchandise experience to strengthen the group’s customer proposition, with the ultimate aim to bringing back sustainable like-for-like growth and new store growth, both in U.K. and in Continental Europe.
And most importantly, a very big driver for
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