B&M European Value Retail (LSE: BME) 3Q17 Update: Very Strong Christmas Sales Performance

Executive Summary

• UK-based discount retailer B&M European Value Retail reported a very strong Christmas trading period, with 3Q17 revenues up 21.8% as reported and up 20.5% at constant currency.
• UK revenues, which make up the bulk of group revenues, were up 20.7% in 3Q17, with UK comps up by an impressive 7.2%.
• Year-to-date group revenues are up 20%.