B&M European Value Retail Full Year Profit 2024: EPS: GBP 0.37 (vs GBP 0.35 in FY 2023)

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

Key financial results

• Revenue: GBP 5.48 billion (10% more than FY 2023).
• Net income: £367.0 million (up 5.5% from FY2023).
• Profit margin: 6.7% (compared to 7.0% in fiscal 2023). The decrease in margin is due to higher expenses.
• Earnings per share: GBP 0.37 (compared to GBP 0.35 in FY 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into B&M European Value Retail’s earnings

The main revenue driver over the last 12 months was the UK B&M segment, which contributed total revenue of £4.41 billion (80% of total revenue). In particular, distribution costs of £3.45 billion accounted for 63% of total revenue, highlighting the impact on earnings. The largest operating expenses were general and administrative expenses of £1.43 billion (86% of total expenses). Learn how revenues and expenses affect BME’s earnings.

Average sales growth of 6.9% per annum is expected for the next three years. In contrast, growth of 8.1% is forecast for European multiline retail.

Development of the market in the UK.

The company’s shares rose 1.3 percent compared to the previous week.

Risk analysis

And what about the risks? Every company has them, and we have 2 warning signals for B&M European Value Retail You should know about this.

Do you have feedback on this article? Are you concerned about the content? Get in touch directly from us. Alternatively, send an email to editorial-team (at) simplywallst.com.

This Simply Wall St article is of a general nature. We comment based solely on historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.

Do you have feedback on this article? Are you interested in the content? Contact us directly. Alternatively, send an email to [email protected]