B&M European Value Retail S.A. (DI) (BME)

Sector:

Retailers

Index:

FTSE 100

543.60p
   
  • Change Today:
    -1.00p
  • 52 Week High: 612.40p
  • 52 Week Low: 460.20p
  • Currency: UK Pounds
  • Shares Issued: 1,002.79m
  • Volume: 2,790,310
  • Market Cap: £5,451m
  • RiskGrade: 144

B&M European Value to sell loss-making German business

By Michele Maatouk

Date: Wednesday 11 Mar 2020

LONDON (ShareCast) - (Sharecast News) - B&M European Value Retail has agreed to sell its loss-making German business Jawoll for €12.5m to a consortium led by AC Curtis Salta, which is funded by Adiuva Capital.
The discount retailer said on Wednesday that on completion, the purchaser will also repay Jawoll's bank debt.

Jawoll is a general merchandise discount retailer with 89 stores in the North-West of Germany. In the year to the end of March 2019, it made losses of ?15.4m.

Completion of the deal is expected to occur within the next 28 days or by a long stop date of 1 June 2020 and B&M said the transaction will have no material impact on the company's leverage.





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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BME Market Data

Currency UK Pounds
Share Price 543.60p
Change Today -1.00p
% Change -0.18 %
52 Week High 612.40p
52 Week Low 460.20p
Volume 2,790,310
Shares Issued 1,002.79m
Market Cap £5,451m
RiskGrade 144

BME Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.98% below the market average1.98% below the market average1.98% below the market average1.98% below the market average1.98% below the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Price Trend
40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average40.82% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Growth
53.86% below the market average53.86% below the market average53.86% below the market average53.86% below the market average53.86% below the market average
15% below the sector average15% below the sector average15% below the sector average15% below the sector average15% below the sector average

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 5
Sell 1
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BME Dividends

  Latest Previous
  Special Interim
Ex-Div 18-Jan-24 16-Nov-23
Paid 09-Feb-24 15-Dec-23
Amount 20.00p 5.10p

Trades for 17-May-2024

Time Volume / Share Price
17:41 768,644 @ 544.80p
17:39 768,644 @ 544.80p
16:35 339,991 @ 543.60p
16:35 213 @ 543.60p
16:35 1,267 @ 543.60p

BME Key Personnel

CEO Alex Russo
CFO Mike Schmidt

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