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B&M Half-Year Results – What The Analysts Said

Published on Nov 13 2019 8:39 AM in Retail tagged: Trending Posts / Discounter / B&M / Paywall / B&M European Value Retail / What The Analsyts Said

B&M Half-Year Results – What The Analysts Said

UK-based discounter B&M European Value Retail posted a 12.3% increase in group revenues in the first half of its financial year, to £1.76 billion (€2.06 billion), however the group's German operation, Jawoll, continues to weigh on the business.

Commenting on its performance, Simon Arora, chief executive, said, "Our existing stores performed consistently well through the last two quarters, generating half year LFL of 3.7%. [...] The core business has made a solid start to the second half of the financial year."

Here's how leading retail analysts saw it:

Russ Mould, AJ Bell

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