date:Jun 13, 2014
charge of Leahy.
BM, based in Liverpool in north west England, reported adjusted core earnings of 130 million pounds in the year to end-March, up 24 percent, on sales of 1.27 billion pounds.
BM's share price gives the retailer a forward price-earnings multiple of 27.6, based on analysts forecasts that the company could make a net profit of 105 million pounds in the year ending March 2015. That puts it ahead of Poundland's valuation of 25.6 times expected earnings, according to Thomson Reuters