Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 248.10
Bid: 226.00
Ask: 251.00
Change: 0.00 (0.00%)
Spread: 25.00 (11.062%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 248.10
KGF Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London open: Kingfisher and Dunelm lead retail risers

Thu, 15th Sep 2011 08:33

Shares are going well in early dealings, with the retailers Kingfisher and Dunelm in demand after results.Kingfisher is flying high after it saw its underlying profit before tax in the 26 weeks to 30 July rise 24% from a year earlier to £439m, on the back of a 3.8% rise in sales. That comfortably beat Panmure Gordon's forecast of £409m.Ian Cheshire, Chief Executive of the DIY retailer said he was confident the group would continue to outperform, despite challenging conditions for retailers. The interim dividend has been bumped up 28.3% to 2.47p from 1.925p last year.Homewares retailer Dunelm Group is wanted after it unveiled robust results for the year to 2 July, with revenue and pre-tax profit both up 9%. Although like-for-like growth was slightly down by 0.6% from a year earlier, revenues rose from £492.8m to £538.5m, while profit before tax profit moved up to £83.6m from £76.8m the year before. Electrical goods retailer Kesa' is among today's laggards though after it saw like-for-like (LFL) revenues tumble 9.9% from a year earlier between May and July. Its Comet brand saw LFL sales fall 22.1%, while in France, Darty's sales were down 3.7% on a LFL basis. "The start of the year has been tough against the strong World Cup comparatives of last year and weakening market conditions," admitted Chief Executive Thierry Falque-Pierrotin.Food wholesaler and cash and carry operator Booker rises after it saw a surge in like-for-like (LFL) sales in its second quarter, driven by strong demand for fruit and veg. Like-for-like sales rose 5.6% in the 12 weeks to the 9th of September from the corresponding period of last year. Non-tobacco sales rose by 4.5% and tobacco sales by 7.6% on a LFL basis, while LFL fruit and vegetable sales were up 34% from last year. Shares in Jardine Lloyd Thompson (JLT) jumped after it announced that the international conglomerate Jardine Matheson plans to acquire about 10% of the insurance broker, bringing its stake to more than 40%. While the funds will strengthen JLT's competitive position, Jardine Matheson's holding of 40.35% in the company will still allow it to retain its independence, JLT said. FTSE 100 - RisersKingfisher (KGF) 251.80p +5.09%Lloyds Banking Group (LLOY) 34.79p +3.85%Associated British Foods (ABF) 1,106.00p +3.75%Weir Group (WEIR) 1,846.00p +3.19%BP (BP.) 407.35p +3.10%GKN (GKN) 189.30p +3.10%ITV (ITV) 58.05p +3.02%Inmarsat (ISAT) 508.00p +2.63%Barclays (BARC) 156.00p +2.63%Next (NXT) 2,548.00p +2.62%FTSE 100 - FallersImperial Tobacco Group (IMT) 2,008.00p -0.20%Autonomy Corporation (AU.) 2,529.00p 0.00%Diageo (DGE) 1,220.00p +0.33%Rolls-Royce Group (RR.) 613.50p +0.41%Fresnillo (FRES) 1,935.00p +0.42%British Sky Broadcasting Group (BSY) 705.00p +0.43%Rio Tinto (RIO) 3,546.50p +0.47%Morrison (Wm) Supermarkets (MRW) 294.40p +0.51%Randgold Resources Ltd. (RRS) 6,975.00p +0.58%Glencore International (GLEN) 423.10p +0.59%FTSE 250 - RisersDunelm Group (DNLM) 452.50p +5.95%Tullett Prebon (TLPR) 389.30p +5.85%Jardine Lloyd Thompson Group (JLT) 651.00p +5.17%Booker Group (BOK) 72.45p +4.85%Ashtead Group (AHT) 143.80p +4.28%Kier Group (KIE) 1,166.00p +3.74%Enterprise Inns (ETI) 37.33p +3.69%Travis Perkins (TPK) 754.00p +3.64%Informa (INF) 341.50p +3.45%Premier Foods (PFD) 11.76p +3.43%FTSE 250 - FallersPerform Group (PER) 205.10p -2.33%RPC Group (RPC) 306.50p -1.83%F&C Asset Management (FCAM) 65.15p -1.36%Kesa Electricals (KESA) 86.30p -0.98%Salamander Energy (SMDR) 212.70p -0.89%Cranswick (CWK) 609.00p -0.81%AG Barr (BAG) 1,127.00p -0.79%SDL (SDL) 605.50p -0.74%ITE Group (ITE) 181.20p -0.66%BH Macro Ltd. USD Shares (BHMU) 19.9 -0.50%
More News
16 Apr 2024 12:01

CORRECT (Mar 15): Kingfisher promotes Deliveroo chair to be its chair

(Correcting that Claudia Arney is not stepping down as Deliveroo chair but from the board of Derwent London.)

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
15 Apr 2024 08:19

TOP NEWS: Kingfisher promotes current Deliveroo chair to be its chair

(Alliance News) - Kingfisher PLC on Monday said Andrew Cosslett will step down as chair in June, after seven years in the role.

Read more
15 Apr 2024 07:49

LONDON BRIEFING: Mitie unveils buyback; Inchcape sells UK retail arm

(Alliance News) - London's FTSE 100 is set to open lower on Monday, in a risk-off start to the week following an escalation in the conflict in the Middle East, with lingering US interest rate worries also hurting enthusiasm.

Read more
15 Apr 2024 07:44

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON, April 15 (Reuters) - European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in June after seven years in the role and will be succeeded by non-executive director Claudia Arney.

Read more
15 Apr 2024 07:07

Kingfisher chair to step down in June

(Sharecast News) - B&Q and Screwfix owner Kingfisher has announced that chair Andrew Cosslett will step down after seven years at the helm of the board.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 09:25

HSBC upgrades Kingfisher to 'buy'

(Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'hold' and lifted the price target to 305p from 235p.

Read more
11 Apr 2024 08:59

LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
11 Apr 2024 08:54

LONDON MARKET OPEN: European markets mixed ahead of ECB decision

(Alliance News) - European equities lacked direction early Thursday morning, ahead of an interest rate decision from the European Central Bank this afternoon.

Read more
27 Mar 2024 16:13

EARNINGS AND TRADING: Solid State ups outlook; Quartix trading in line

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
26 Mar 2024 08:08

LONDON BRIEFING: Flutter hails US success; Smiths names new CEO

(Alliance News) - London's FTSE 100 opened lower on Tuesday, as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.