Although we remain sellers of B&M it is hard not to be impressed with its ambition and the pace at which it moves. Two recent acquisitions, management change in Germany and pushing through a major warehouse investment in Bedford, as well as opening midhigh single digit percentage new space in the core B&M chain all attest to this.
30 May 2019
Greater management caution
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Greater management caution
B&M European Value Retail SA (BME:LON) | 511 -49.1 (-1.8%) | Mkt Cap: 5,124m
- Published:
30 May 2019 -
Author:
Tony Shiret -
Pages:
9
Although we remain sellers of B&M it is hard not to be impressed with its ambition and the pace at which it moves. Two recent acquisitions, management change in Germany and pushing through a major warehouse investment in Bedford, as well as opening midhigh single digit percentage new space in the core B&M chain all attest to this.