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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