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Futures point to bounce in Europe
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Kingfisher Information
Share Price Information for Kingfisher (KGF)
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Share Price:
249.90
Bid:
249.60
Ask:
250.00
Change:
-3.00 (-1.19%)
Spread:
0.40 (0.16%)
Open:
252.00
High:
252.30
Low:
249.70
Prev. Close:
252.90
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Don't have an account? Click here to register.B&Q owner Kingfisher sees sales pick up in second quarter
Wed, 24th Jul 2013 07:19
Kingfisher, the DIY retail group behind B&Q and Screwfix, said it is on track to hit expectations for the first half after a pick-up in activity in the second quarter.The company had seen a sharp 4.2% fall in like-for-like (LFL) sales in the first quarter due to the "unfavourable cold weather" throughout the spring which affected footfall.However, Chief Executive Ian Cheshire said: "Following a tough Q1, I am pleased to report that we have been able to capitalise on the better weather conditions in Q2, particularly in the UK, which has helped us to deliver growth."LFL sales rose by 2.5% in the 10 weeks to July 13th, with total sales up 5.2%. This trimmed the LFL sales decline to just 1.0% in the financial year to date (23 weeks to July 13th).UK & Ireland sales were up 3.6% in the second quarter, 2.5% higher on a LFL basis. B&Q saw turnover rise 1.7% (+1.9% LFL), helped by sales growth of outdoor and seasonal products of nearly 20% - this represented nearly 40% of total sales, the company said. Meanwhile, Screwfix saw strong growth of 17.8% (+6.6% LFL).Sales in France, which accounted for around 40% of group turnover last year, were up 3.4% (+1.1% LFL) as the region benefitting from some reversal of the first-quarter negative calendar impact of around 1.5%.Meanwhile, Other International sales grew strongly, rising 11.2% (+5.3% LFL) on the back of decent LFL growth in Poland, Russia and China.Cheshire said that underlying consumer confidence remains "weak" in Kingfisher's major markets, so it is continuing to focus hard on self-help margin and cost initiatives.
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20 Mar 2023 12:32
Tuesday preview: UK public sector borrowing, Kingfisher in the spotlight
(Sharecast News) - Investors' focus on Tuesday would continue to be trained on the global banking sector and financial markets' reaction to the Credit Suisse rescue at the weekend.
Read more14 Mar 2023 15:49
UK earnings, trading statements calendar - next 7 days
| Wednesday 15 March | |
| 4imprint Group PLC | Full Year Results |
| Advanced Medical Solutions Group PLC | Full Year Results |
| Balfour Beatty PLC | Full Year Results |
| Centaur Media PLC | Full Year Results |
| FDM Group Holdings PLC | Full Year Results |
| Ferrexpo PLC | Full Year Results |
| Foresight Solar Fund Ltd | Full Year Results |
| IG Group Holdings PLC | Q3 Results |
| Keywords Studios PLC | Full Year Results |
| Kin & Carta PLC | Half Year Results |
| Marshalls PLC | Full Year Results |
| MaxCyte Inc | Full Year Results |
| Prudential PLC | Full Year Results |
| Trainline PLC | Trading Statement |
| Thursday 16 March | |
| Capital Ltd | Full Year Results |
| Centamin PLC | Full Year Results |
| Deliveroo PLC | Full Year Results |
| DFS Furniture PLC | Half Year Results |
| Empiric Student Property PLC | Full Year Results |
| Eurocell PLC | Full Year Results |
| Gelion PLC | Half Year Results |
| Gem Diamonds Ltd | Full Year Results |
| Gym Group PLC | Full Year Results |
| Halma PLC | Trading Statement |
| Helios Towers PLC | Full Year Results |
| Hostmore PLC | Full Year Results |
| Investec PLC and Ltd | Trading Statement |
| National World PLC | Full Year Results |
| OSB Group PLC | Full Year Results |
| PensionBee Group PLC | Full Year Results |
| Polymetal International PLC | full Year Results |
| PYX Resources Ltd | Full Year Results |
| Rentokil Initial PLC | Full Year Results |
| Restore PLC | Full Year Results |
| Savills PLC | Full Year Results |
| TI Fluid Systems PLC | Full Year Results |
| WAG Payment Solutions PLC | Full Year Results |
| Friday 17 March | |
| no events scheduled | |
| Monday 20 March | |
| Jubilee Metals Group PLC | Half Year Results |
| Tuesday 21 March | |
| Alliance Pharma PLC | Full Year Results |
| Aptitude Software Group PLC | Full Year Results |
| Boku Inc | Full Year Results |
| Diversified Energy Co PLC | Full Year Results |
| Ergomed PLC | Full Year Results |
| Fintel PLC | Full Year Results |
| Henry Boot PLC | Full Year Results |
| Kape Technologies PLC | Full Year Results |
| Kingfisher PLC | Full Year Results |
| Luceco PLC | Full Year Results |
| MP Evans Group PLC | Full Year Results |
| Ocado Group PLC | Trading Statement |
| Oxford Nanopore Technologies PLC | Full Year Results |
| Pebble Group PLC | Full Year Results |
| Quixant PLC | Full Year Results |
| ScS Group PLC | Half Year Results |
| Staffline Group PLC | Full Year Results |
| Tissue Regenix Group PLC | Full Year Results |
| Trustpilot Group PLC | Full Year Results |
| YouGov PLC | Half Year Results |
| Zotefoams PLC | Full Year Results |
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6 Mar 2023 11:42
Jefferies upgrades Tesco, Kingfisher
(Sharecast News) - Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.
Read more6 Mar 2023 09:48
LONDON BROKER RATINGS: DB cuts Reckitt; Jefferies likes Tesco
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more2 Mar 2023 09:48
LONDON BROKER RATINGS: Numis cuts BT to 'sell'; Citigroup cuts Babcock
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more21 Feb 2023 10:17
LONDON BROKER RATINGS: BoA cuts DS Smith; Jefferies likes JTC
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more3 Feb 2023 09:28
LONDON BROKER RATINGS: Deutsche Bank raises B&M; Barclays cuts IWG
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more3 Feb 2023 09:14
Deutsche Bank upgrades B&M, downgrades Kingfisher
(Sharecast News) - Deutsche Bank adjusted its ratings on a number of retailers on Friday, as it noted that the European general retail sector ended 2022 on a "surprisingly good" note.
Read more31 Jan 2023 09:26
LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more20 Jan 2023 08:37
TOP NEWS: Land Securities taps former Kingfisher CEO Cheshire as chair
(Alliance News) - Land Securities PLC on Friday said it appointed Ian Cheshire as chair to take over from Cressida Hogg in May.
Read more2 Dec 2022 13:20
Deutsche Bank slightly lowers target price on Kingfisher
(Sharecast News) - Analysts at Deutsche Bank slightly lowered their target price on home improvement retailer Kingfisher from 280.0p to 275.0p on Friday, stating the stock was "swimming against the tide".
Read more2 Dec 2022 09:38
LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:
Read more29 Nov 2022 09:54
LONDON BROKER RATINGS: UBS raises Spirax-Sarco and cuts Halma
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
Read more25 Nov 2022 09:34
LONDON BROKER RATINGS: UBS cuts Man; RBC prefers Lloyds to NatWest
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more