Kingfisher (LON:KGF) has announced its Q3 trading update to 31 October 2019. Summary · Q3 total sales down 3.2% in constant currency. · LFL down 3.7% reflecting continuing disruption from new range implementations, lower promotional activity and ongoing operational challenges in France, and softer market conditions in our main markets. · As highlighted at half year results, initiatives to improve performance sustainably at Castorama France …
Kingfisher plc Appoint Bernard Bot as Chief Financial Officer
Kingfisher (LON: KGF), the international home improvement company, today announced the appointment of Bernard Bot as Chief Financial Officer (CFO). Bernard will take up the role on the 21st October 2019 and will be appointed to the Board of Directors on that date. He will also become a member of the Group Executive team. Bernard joins most recently from Travelport …
Kingfisher plc Transformation activity continued in H1
Kingfisher plc (LON:KGF) has today announced its half year results for the 6 months ended 31 July 2019. H1 19/20 Group results: · Total sales down 0.9% in constant currency · LFL down 1.8% with growth in Screwfix, Poland and Romania offset by B&Q and France · Transformation activity continued across the Group including significant new range implementation in H1 o Unified product (COGS) now …
Kingfisher plc appoints Thierry Garnier as Chief Executive Officer
Following the CEO succession announcement on 20 March, Kingfisher plc (LON: KGF) has today announced the appointment of Thierry Garnier as Chief Executive Officer. Thierry will be appointed to the Board as an Executive Director and will take over from Véronique Laury as Chief Executive Officer. He will be based at Kingfisher’s headquarters in London and will join Kingfisher in …
Kingfisher PLC Positive sales growth in Q1
Kingfisher PLC (LON:KGF) today announced Q1 trading update to 30 April 2019. Financial highlights Sales 2019/20 % Total Change % Total Change % LFL(1)Change £m Reported Constant currency Constant currency UK & Ireland 1,284 +5.0% +5.0% +3.4% – B&Q UK & Ireland 851 +2.8% +2.8% +2.8% – Screwfix 433 +9.6% +9.6% +4.5% France 1,020 (5.1)% (3.4)% (3.7)% – Castorama …
Kingfisher PLC Retail profit increases in the UK and Poland offset by weakness in Castorama France and losses in Russia & Romania
Kingfisher PLC (LON:KGF), today announced Final results for year ended 31 January 2019. Financial highlights % Total Change % Total Change % LFL* Change 2018/19 2017/18 Reported Constant currency* Constant currency Sales* £11,685m £11,655m +0.3% +0.3% (1.6)% Gross margin* 36.9% 36.9% – (10)bps Retail profit* £753m £849m (11.3)% (11.4)% Underlying pre-tax profit* £693m £797m (13.0)% Adjusted pre-tax profit* £573m £683m …
Kingfisher PLC Total sales up 1.2% in constant currency, LFL down 1.3%
Kingfisher PLC (LON:KGF), today announced Q3 results to 31 October 2018
Financial highlights
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