Added to YB: 2025-07-18
Pitch date: 2025-07-16
BME.L [neutral]
B&M European Value Retail plc
-9.59%
current return
Author Info
No bio for this author
Company Info
B&M European Value Retail plc 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 2.1B
Pitch Price
GBP 2.18
Price Target
N/A
Dividend
4.63%
EV/EBITDA
6.25
P/E
12.72
EV/Sales
0.73
Sector
Broadline Retail
Category
value
B&M Q1 Results
BME.L (earnings update): Revenue +4.4% Q1, UK +4.7% (LFL +1.3%) driven by seasonal strength. France +7.6% showing model works beyond UK. Gross margins under pressure from ASP deflation in GM but expected to improve Q2+. Opening 45 UK stores this year. Still attractive at 286p with double-digit op margins despite debt increase. ROCE 30.4%. Supply chain upgrades ongoing.
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