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

Sector:

Retailers

Index:

FTSE 100

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

B&M Value Retail shares up as interim forecasts upgraded

By Frank Prenesti

Date: Wednesday 08 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Shares in B&M European Value Retail rose on Wednesday after the company said it expected interim core earnings to be ahead of analysts' forecasts on the back of stronger gross margins.
The owner of convenience retail stores said adjusted earnings before interest, taxes, depreciation and amortisation for the six months to September 25 would be in a range of £275m - £285m.

Consensus is currently around £235m, the company said in a short trading statement, adding that group revenue to date had been broadly in line with market expectations, and that gross margins in B&M fascia stores in the UK have been stronger than originally anticipated.

"Although the group is well positioned for the upcoming 'Golden Quarter', trading patterns and strength of customer demand remain highly uncertain for the balance of fiscal 2022," B&M said.

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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 612.40
52 Week Low 460.20
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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