The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Kingfisher profit up 62% on home improvement boom

Tue, 21st Sep 2021 07:13

LONDON, Sept 21 (Reuters) - British home improvement
retailer Kingfisher reported a 61.6% jump in first-half
profit on the back of a pandemic do-it-yourself boom and raised
its sales expectations for the second half.

The group, which owns B&Q and Screwfix in the United Kingdom
and Castorama and Brico Depot in France and other markets, made
an adjusted pretax profit of 669 million pounds ($914.3
million)for the six months ended July 31 - ahead of guidance of
645-660 million pounds and up from 415 million pounds in the
same period last year.
($1 = 0.7317 pounds)
(Reporting by James Davey, Editing by Paul Sandle)

Related Shares

More News
Today 09:36

LONDON BROKER RATINGS: RBC likes M&S; Goldman cuts Fevertree to 'sell'

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

24 May 2024 15:19

London close: Stocks mixed after disappointing retail sales data

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted...

22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

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

21 May 2024 15:00

London close: Stocks fall ahead of key inflation reading

(Sharecast News) - London stocks ended in negative territory on Tuesday, influenced by the latest UK economic outlook from the International Monetary ...

21 May 2024 08:55

TOP NEWS: Kingfisher sales edge lower as weak France offsets strong UK

(Alliance News) - Kingfisher PLC on Tuesday maintained annual guidance, despite a slight drop in first quarter sales, as growth in the UK & Ireland wa...

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.