Today's Results22 Mar 2022 14:35
Seems market's ignored all the good stuff. SP down 4.4% as I type.
Today's results can be read as mixed. On the down side Q1 22/23 LFL sales (to 19 March 2022)(3) down 8.1%. So - start to this year has been poor. Add to this the 8% inflation, increased interest rates , cost of living crisis, increased debt and free cash flow down then it's looking a rocky year ahead for the likes of KGF.
With interest rates and bills (food, energy) going up it could be a tough year for the home improvements market. Not worth the risk in my opinion.