McColl's - Positioned to Succeed


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McColl’s (LON:MCLS) is one of the UK’s leading neighbourhood retailers, with a growing estate of over 1,600 managed convenience stores (80%) and newsagents (20%). The term “neighbourhood” refers to residential locations, for example villages or housing estates, which tend to mean a loyal customer base and little immediate local competition.


The shares gained 42% during 2017 reflecting the progress of the business. However, we believe these gains may be only the first steps towards a market reappraisal of McColls, with earnings growth prospects in 2018 and 2019 driving further potential upside


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