Updates

B&M

January 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in B&M spiked to 536p ahead of interims, which revealed a pleasing 25p special dividend alongside an impressive 128.5% increase in pretax profit to £253.6m on a 25.3% rise in sales to £2,242m. Eps were 20.1p (H1 ’20: 8.8p). A clear lockdown winner given its essential status and consumers spending more on food and other goods within the home.Q3 has started in similar vein to H1 and B&M has stated that EBITDA will be in the range of £600m-£650m, ahead of consensus EBITDA forecasts of £571m, with “like-for-like sales growth slightly ahead of H1” but it’s expected to moderate over the rest of the year as lockdown restrictions ease.In the UK, revenues rose 29.5% ...

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Brickability

Applegreen - Cash offer of €5.75 a share

B&M European Retail (June 2024)

B&M European Retail (February 2024)

B&M European Retail - Acquires “up to 51 Wilco stores” (October 2023)

B&M European Retail - Shares spike after update (July 2023)

B&M European Retail (July 2022)

B&M European Retail (November 2021)

B&M European Retail (August 2021)

B&M European Retail (May 2021)

B&M European Retail (February 2021)

B&M European Retail - Upgrades profit guidance (November 2020)

B&M European Retail - Beats EBITDA expectations by 25%! (September 2020)

B&M European Retail - Shares spike towards all time high (August 2020)

B&M European Retail - Sales up 22.7% in first eight weeks! (July 2020)

B&M European Retail - Shops designated an essential service with footfall high due to stockpiling (May 2020)

B&M European Retail - Sells loss-making German business (April 2020)

B&M European Retail (December 2019)

B&M European Retail - Q1 sales rise 21% (September 2019)

B&M European Retail (July 2019)

B&M European Retail (February 2019)

B&M European Retail (January 2019)

B&M European Retail (September 2018)

B&M European Retail (August 2018)

B&M European Retail - Problems at Poundland create new opportunity (February 2018)

B&M European Value Retail - Acquires Heron Foods Group (October 2017)

B&M European Value Retail (September 2017)

B&M European Value Retail - Increases UK store target to 950 (July 2017)

B&M European Value Retail - Value retailer eyes another 300+ stores in UK (March 2017)

B&M European Value Retail - Discount retailer growing like topsy (February 2017)

B&M European Retail (January 2016)

B&M European Retail - To open another 60 stores this year (August 2015)

B&M European Retail (March 2015)

B&M European Retail (January 2015)

B&M European Retail - Fast growing discount retailer plans to double store numbers (November 2014)

B&M European Retail - Fast-growing discount retailer comes to market (August 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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