Updates

B&M European Retail

July 2019

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.

B&M is amongst the vanguard of discount retailers taking the market by storm and results showed revenues up 17% to £3,486m, while pretax profit rose 8% to £240m. Eps rose 11% to 19.7p.In the UK EBITDA rose 13.5% to £297m, with margins growing 0.45% to 10.6%. Like-for-like revenues grew just 0.7% (2018: 4.7%) with strong growth in groceries and fast moving consumer goods (FMCG) offset by weak Homewares performance (c. 16% divisional sales). That meant like-for-likes grew 5.8% in Q4. Encouragingly, this year has started well with Q1 like-for-like sales up “mid-single digit.” It opened 54 new stores and closed 10, with another 50 planned in H2 Management have invested in a new 1m sq ft. dis ...

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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 (February 2019)

B&M European Retail (January 2019)

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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.

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