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B&M European Value Retail (LSE: BME) 1Q18 Update: Very Strong Comp Growth Continues as Grocery Demand Proves Strong

Executive Summary

  • B&M European Value Retail reported very strong total revenue growth of 18.3% in 1Q18.
  • UK comps were a solid 7.3%, helped by strong demand for groceries.
  • Nine new stores in the UK and four in Germany supported total revenue growth.

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