Q1 2020 B&M European Value Retail SA Corporate Sales Call Transcript
Hello, and welcome to the B&M Q1 Report Update Call. (Operator Instructions) And just to remind you, this conference call is being recorded.
Today, I am pleased to present CEO, Simon Arora; and CFO, Paul McDonald. I will now hand you over to Simon Arora. Please begin.
Thank you, and good morning, everyone. Thank you all for joining this morning's quarter 1 conference call. I have Paul McDonald, our CFO, with me, and we will adopt our usual approach today. I'll make some brief opening comments on the performance of the business, if I may, and then, of course, we'll be happy to take your questions.
As you will have seen from the RNS released early this morning, overall, B&M has made a solid start to the financial year. We are very pleased with the trading momentum in both the B&M and Heron fascias in the first quarter. The fact that our core B&M fascia grew almost 4% like-for-like is a very strong performance in the context of weather that has been
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