Kingfisher PLC (KGF.L)
|Market Cap (Mil.):||£7,368.67|
|Shares Outstanding (Mil.):||2,361.75|
(The following statement was released by the rating agency) LONDON, September 11 (Fitch) Fitch Ratings has affirmed UK-based home improvement retailer Kingfisher Plc's Long-term Issuer Default Rating (IDR) with Stable Outlook and its Short term IDR at 'F2'. The senior unsecured ratings were affirmed at 'BBB'/'F2'. The ratings are underpinned by Kingfisher's geographically diversified operations, benefitting from leading market shares and scale in selected home improvement retail markets. T
* Veronique Laury to succeed Ian Cheshire as CEO by Jan. 2015
LONDON, Sept 10 - Kingfisher, Europe's largest home improvements retailer, said on Wednesday longstanding chief executive Ian Cheshire would step down before the end of its financial year and be succeeded by Veronique Laury, the boss of French unit Castorama.
* Markets slower than expected, particularly France and Poland
* Consumer staples lead fallers after Unilever disappoints
* Shares open 5.5 percent lower after says Q2 trading was worse than expected Further company coverage: (Reporting by James Davey)
LONDON, June 12 - Philippe Tible, chief executive of Kingfisher's Castorama and Brico Depot brands is to leave Europe's No. 1 home improvement group next year, the firm said on Thursday.
LONDON, May 31 - The boss of Europe's biggest home improvements retailer Kingfisher said on Saturday that a vote for independence from the United Kingdom would make Scotland a less attractive place in which to invest.
* France weighed down by weak market (Writes through, adds details)
LONDON, May 29 - Kingfisher, Europe's No. 1 home improvement retailer, posted a 20 percent surge in first quarter retail profit and said it would pay a 100 million pound ($167 million) special dividend as part of its new plans for extra shareholder rewards.