image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

B&M European Retail

September 2018

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.

  • Epic Code:
  • BME
  • Price:
  • 413p
Shares in general merchandise value retailer B&M are approaching their high following a strong start to its new year. In the three months to 30 June, revenues grew 21.3%.UK sales rose 8.3% to £648m, with underlying like-for-like 3.6%. Analysts calculate that like for likes ticked up to c. 4-5% in the last five weeks of the quarter, versus 3.1% for the first 8 weeks. Four stores opened in Q1 reflecting the phasing of openings towards the second half and it expects 45 for the year.Elsewhere the acquired Heron Foods contributed sales of £86m while Germany, previously a problem area, is improving with its Jawoll chain seeing 7% sales growth and margins are expected to rise reflecting less promotional activity and ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

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