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    BME   LU1072616219

B&M EUROPEAN VALUE RETAIL S.A.

(BME)
  Report
Real-time Estimate Cboe Europe  -  05:11 2022-09-26 am EDT
306.25 GBX   -3.73%
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B&M European Value Retail S A : Delighted With Major Expansion Of Cambridgeshire Store

08/13/2022 | 06:13am EDT

Britain's fastest growing variety retailer has today unveiled the re-opening of its March, Cambridgeshire store which closed on Monday 8 August to make way for major expansion.

Following feedback from local customers who expressed their wishes for a bigger and better store, the newly opened B&M now boasts over 19,500sqft of retail space with thousands of branded goods on offer at competitive prices.

The new and improved store offers customers an even bigger selection of products across all departments, including toys, food & drink, pet, health & beauty, groceries and alcohol.

In addition, the new store now boasts its own garden centre with hundreds of plant varieties and gardening essentials on offer across its 7,800sqft space.

To celebrate the re-opening of March's expanded B&M, local colleagues were asked to nominate a local charity they think truly deserves some VIP treatment for the work they do for the community.

They chose the team from Ely Foodbank who were invited down to take centre stage and officially unveil the new B&M Store for our customers.

Ely Foodbank provide nutritionally balanced emergency food and support to local people who are referred in crisis.

They work as part of a nationwide network of foodbanks, supported by The Trussell Trust to combat poverty and hunger across the UK.

Following B&M March's re-opening, the store manager said: "We wanted to make our store even better for customers, giving them even more big branded products.

"We hope customers are going to be delighted with their new and improved store, the team have been working really busy and we're really excited to see the doors open."

For more information please visit our March store.

Disclaimer

B&M European Value Retail SA published this content on 13 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2022 10:12:07 UTC.


© Publicnow 2022
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Financials
Sales 2023 4 801 M 5 249 M 5 249 M
Net income 2023 352 M 385 M 385 M
Net Debt 2023 2 036 M 2 226 M 2 226 M
P/E ratio 2023 8,98x
Yield 2023 4,84%
Capitalization 3 186 M 3 483 M 3 483 M
EV / Sales 2023 1,09x
EV / Sales 2024 1,02x
Nbr of Employees 38 301
Free-Float 92,8%
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Technical analysis trends B&M EUROPEAN VALUE RETAIL S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 318,10 GBX
Average target price 487,89 GBX
Spread / Average Target 53,4%
EPS Revisions
Managers and Directors
Simon Arora Chief Executive Officer & Executive Director
Alejandro Russo Chief Financial Officer & Executive Director
Peter Richard Bamford Non-Executive Chairman
Ronald Thomas McMillan Senior Independent Non-Executive Director
Tiffany Hall Independent Non-Executive Director
Sector and Competitors