27 Apr 2017

In line but driven by the equity business

B&M European Value Retail SA (BME:LON) | 272 19.6 2.7% | Mkt Cap: 2,727m

- Farhad Moshiri
- 2 pages

BME released this morning its earnings for Q1 17. Total income at €81.5m is in line with consensus’ expectations and our expectations. Total expenses were in line as well, hence an EBITDA at €53.77m in line with expectations (and 1.5% below our expectations). Starting now, BME is simplifying its disclosures by merging its Information and IT services businesses.

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In line but driven by the equity business

B&M European Value Retail SA (BME:LON) | 272 19.6 2.7% | Mkt Cap: 2,727m

Published: 27 Apr 2017
Author: Farhad Moshiri
Pages: 2

BME released this morning its earnings for Q1 17. Total income at €81.5m is in line with consensus’ expectations and our expectations. Total expenses were in line as well, hence an EBITDA at €53.77m in line with expectations (and 1.5% below our expectations). Starting now, BME is simplifying its disclosures by merging its Information and IT services businesses.