Stock Analysis

B&M European Value Retail Full Year 2024 Earnings: EPS: UK£0.37 (vs UK£0.35 in FY 2023)

Published
LSE:BME

B&M European Value Retail (LON:BME) Full Year 2024 Results

Key Financial Results

  • Revenue: UK£5.48b (up 10% from FY 2023).
  • Net income: UK£367.0m (up 5.5% from FY 2023).
  • Profit margin: 6.7% (down from 7.0% in FY 2023). The decrease in margin was driven by higher expenses.
  • EPS: UK£0.37 (up from UK£0.35 in FY 2023).
LSE:BME Revenue and Expenses Breakdown June 22nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

B&M European Value Retail Earnings Insights

The primary driver behind last 12 months revenue was the UK B&M segment contributing a total revenue of UK£4.41b (80% of total revenue). Notably, cost of sales worth UK£3.45b amounted to 63% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£1.43b (86% of total expenses). Explore how BME's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Multiline Retail industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are up 1.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for B&M European Value Retail you should know about.

Valuation is complex, but we're here to simplify it.

Discover if B&M European Value Retail might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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