31-Mar-2015 07:33 AM
Kingfisher posts adjusted FY pre-tax profit of £675m - down from £730m in 2013-14 - and unveiled plans to close around 60 B&Q stores.
The reults were hit by a slower market in France since summer 2014, £34m adverse foreign exchange movements on the
30-Mar-2015 08:08 AM
Kingfisher's proposed acquisition of French DIY group Mr Bricolage will not go ahead. It said ANPF (an organisation controlled by Mr Bricolage's franchisees holding 41.9% of the share capital of Mr Bricolage), has refused any extension of the
26-Mar-2015 02:25 PM
KIngfisher is 'considering all of its options' after it warned the agreed acquisition of French DIY group Mr Bricolage would not receive competition clearance.
Kingfisher has agreed to acquire 41.9% of the share capital from the ANPF, an org
22-Dec-2014 07:23 AM
Kingfisher, Europe's leading home improvement retailer, has agreed to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for a total cash consideration of £140m.
The agreement follows Kingfisher's previous announceme
25-Nov-2014 07:27 AM
Home improvement retail group Kingfisher reported Q3 sales of £2.8bn, down 0.9% on the year. On a reported basis, group retail profit of £225m was hurt by £13m adverse forex movements when translating overseas profits into sterling.
On a constant curr
07-Oct-2014 02:12 PM
Kingfisher will be meeting institutional investors and analysts in Reading on 21 October where the board of B&Q UK & Ireland will make a presentation followed by a store tour and be available for questions.
A live audio webcast of the presentation will
10-Sep-2014 07:45 AM
Kingfisher reports half year total sales up 0.9% - up 1.8% on like-for-like basis - and flat adjusted pre-tax profits of £364m after the negative impact of foreign exchange translation.
Kingfisher also announced a group chief executive succession plan
24-Jul-2014 07:28 AM
DIY retail specialist Kingfisher said total sales in the UK & Ireland were up 0.7% in the first quarter (down 1.3% LFL), up 7.0% year to date (4.7% LFL).
Gross margin is expected to be up across Q2 compared to the same period last year.
B&Q total sales
13-Jun-2014 08:58 AM
Kingfisher has confirmed that all resolutions proposed at the annual general meeting yesterday were passed.
At 8:58am: (LON:KGF) Kingfisher PLC share price was -8.8p at 375.4p
Story provided by StockMarketWire.com...
29-May-2014 07:20 AM
DIY retailer Kingfisher reported Q1 total sales up 6.1% (+6.1% LFL) and retail profit up 20.3% to £142m. Kingfisher also announced a special dividend of 4.2p per share as part of the continuing capital returns programme.
Kingfisher UK & Ireland total sa
03-Apr-2014 07:31 AM
DIY giant Kingfisher has entered into exclusive negotiations with the principal shareholders of Mr Bricolage, the home improvement retailer, to acquire their shareholding.
Under the terms of the proposed transaction, Kingfisher would acquire 41.9% of t
25-Mar-2014 08:07 AM
Do-it-yourself group Kingfisher posts full-year adjusted pre-tax profits of £744m - up 4.1% on last time - and unveils a multi-year capital return programme in 2014-15.
Sales rose to £11,125m from £10,573m and retail profits increased to £805m from
25-Mar-2014 07:27 AM
DIY retail group Kingfisher reported full year adjusted pre-tax profits up 4.1% to £744m. Full year dividend is up 5%.
A multi-year programme of additional capital returns to shareholders, starting with around £200m during the financial year 2014/15 wa
05-Feb-2014 08:04 AM
Kingfisher group finance director Karen Witts has been appointed as a non-executive director of Imperial Tobacco Group with effect from 6 February. She will also join the audit, remuneration and nominations committees of the board.
At 8:04am: (LON:KGF)
29-Nov-2013 01:55 PM
Jefferies International retains buy on BT Group, target price raised from 430p to 435p. Beaufort Securities upgrades Pennon Group to buy from hold.
Goldman Sachs cuts Experian to sell from neutral, target cut from 1220p to 985p.
Citigroup reiterates buy
28-Nov-2013 01:59 PM
Liberum Capital lifts Anglo American to hold from sell, 1,150p target price unchanged. Westhouse Securities starts buy on WPP Group, target price 1,700p.
Beaufort Securities starts buy on Royal Mail.
Espirito Santo recommends sell on Kingfisher, target
28-Nov-2013 07:21 AM
DIY retailer Kingfisher reported Q3 retail profit of £271m, up 1.7% in constant currencies, and sales of £2.9bn, up 1.4% LFL. UK sales and profits were both up driven by a very strong performance from Screwfix.
Highlights in constant currencies:
11-Oct-2013 10:11 AM
Kingfisher, the home improvement retailer, has announced that Kevin O'Byrne, CEO of B&Q and Ko�§ta�? brands, will assume with immediate effect the direct leadership of B&Q UK & Ireland.
Mr O'Byrne is a Kingfisher director and deputy chair
11-Sep-2013 07:22 AM
DIY retailer Kingfisher reported sales up 4.3%, up 1.5% (-0.8% LFL) in constant currencies, in the half year to 3rd August, with adjusted pretax profits down 1.6% to £365m.
Statutory post-tax profit was up 69.9% including the £145 million exceptional
06-Sep-2013 01:55 PM
Citigroup lifts Diageo to buy from neutral, target raised from 1,830p to 2,320p. Morgan Stanley cuts Sage Group to underweight from equal weight, 320p target unchanged.
Morgan Stanley cuts Kingfisher to underweight from equal weight, 300p target unchange
04-Sep-2013 02:29 PM
Exane BNP Paribas upgrades Croda International to outperform from neutral, target 3,200p. Beaufort Securities downgrades Great Portland Estates to hold from buy.
Jefferies International reiterates buy on WPP Group, target raised from 1,185p to 1,425p.
24-Jul-2013 08:12 AM
Kingfisher's sales for the 10 weeks to 13 July were 5.2% up in constant currencies and 2.5% up on a like-for-like basis.
Like-for-like sales rose by 1.1% in France; 2.5% in the UK and Ireland and by 5.3% in 'other international'.
16-Jul-2013 02:47 PM
Nomura lifts Home Retail Group to buy from neutral, target up from 155p to 200p. Nomura retains neutral on Next, target raised from 4,450p to 4,900p.
Nomura lifts Dixons Retail to buy from neutral, target raised from 31p to 60p.
Nomura lifts Kingfisher
08-Jul-2013 02:14 PM
Home improvement retailer Kingfisher has won a French tax case dating back to 2003 which will result in an exceptional credit of around £145m in this year's earnings.
Kingfisher said the Conseil d'Etat, France's ultimate court, had consi
19-Jun-2013 02:20 PM
Investec retains buy on JD Sports Fashion, target raised from 860p to 940p. HSBC reiterates overweight on Whitbread, target raised from 2,900p to 3,400p.
Canaccord Genuity reiterates buy on Man Group, target cut from 120p to 110p.
Merrill Lynch lifts Ki