Added to YB: 2024-07-18
Pitch date: 2024-07-17
BME.L [bullish]
B&M European Value Retail S.A.
-61.72%
current return
Author Info
No bio for this author
Company Info
B&M European Value Retail S.A. retails general merchandise products and groceries. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express brand names in the United Kingdom, as well as stores under the B&M brand name in France.
Market Cap
GBP 1.7B
Pitch Price
GBP 4.10
Price Target
N/A
Dividend
17.07%
EV/EBITDA
5.11
P/E
6.69
EV/Sales
0.70
Sector
Broadline Retail
Category
growth
A FTSE 100 hidden gem? - B&M European Value Retail S.A.
BME.L: Q1 rev +2.4% to £1,345M. UK +1.5%, France +7.5%, Heron +2.7%. 19 new UK stores, 2 in France. 'Everyday Value' range launched. Strong gardening sell-through. On track for FY growth. CEO: focus on low prices amid pressure on household incomes. H1 results due 14 Nov.
Read full article (2 min)