B&M European Value Retail S.A. (DI) (BME)

Sector:

Retailers

Index:

FTSE 250

288.50p
   
  • Change Today:
      6.30p
  • 52 Week High: 495.60p
  • 52 Week Low: 255.90p
  • Currency: UK Pounds
  • Shares Issued: 1,003.82m
  • Volume: 18,029,400
  • Market Cap: £2,896.03m
  • RiskGrade: 144

B&M shares slump as profit guidance cut again; CEO to retire

By Frank Prenesti

Date: Monday 24 Feb 2025

LONDON (ShareCast) - (Sharecast News) - Shares in UK discount retailer B&M slumped on Monday after profit guidance was cut again on the back of an uncertain economic outlook and announcement that chief executive Alex Russo would retire at the end of April.
The company said annual adjusted core earnings were now expected to be in the range of £605m to £625m down from a previous trimming of guidance to £620 - £650m outlined in January. The latest cut also includes the potential impact of exchange rate volatility on the valuation of stock and creditor balances.

Shares in the company were down 7% in London morning trade.

It said it is in the advanced stages of a recruitment process to appoint a new CEO.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BME Market Data

Currency UK Pounds
Share Price 288.50p
Change Today 6.30p
% Change 2.23 %
52 Week High 495.60p
52 Week Low 255.90p
Volume 18,029,400
Shares Issued 1,003.82m
Market Cap £2,896.03m
RiskGrade 144

BME Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.54% above the market average87.54% above the market average87.54% above the market average87.54% above the market average87.54% above the market average
94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average
Price Trend
69.54% below the market average69.54% below the market average69.54% below the market average69.54% below the market average69.54% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income
92.05% above the market average92.05% above the market average92.05% above the market average92.05% above the market average92.05% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
31.76% below the market average31.76% below the market average31.76% below the market average31.76% below the market average31.76% below the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average

What The Brokers Say

Strong Buy 8
Buy 3
Neutral 6
Sell 2
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BME Dividends

  Latest Previous
  Final Special
Ex-Div 26-Jun-25 16-Jan-25
Paid 01-Aug-25 14-Feb-25
Amount 9.70p 15.00p

Trades for 06-Jun-2025

Time Volume / Share Price
16:27 77 @ 288.30p
17:10 1,465 @ 288.50p
16:47 745 @ 288.50p
16:47 110,614 @ 289.99p
15:07 0 @ 291.50p

BME Key Personnel

CFO Mike Schmidt

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