Kingfisher PLC (KGF.L)
23 Sep 2016
LONDON, Sept 20 Kingfisher, Europe's largest home improvement retailer, beat forecasts for first-half profit thanks to strong demand in Britain and Poland and said its five-year plan to transform the business had got off to a good start.
** Kingfisher shares +2.1%, top of FTSE 100 and briefly break above June 2015
LONDON, Sept 20 Kingfisher, Europe's largest home improvement retailer, beat forecasts with a 13.5 percent rise in first-half profit, driven by a strong performance in Britain and Poland.
LONDON, Aug 18 Kingfisher, Europe's largest home improvement retailer, said it was cautious on the short-term outlook after the UK vote to leave the European Union but said it had seen no impact yet on its business, with sales up in the last three months.
LONDON, Aug 18 Kingfisher, Europe's largest home improvement retailer, reported solid progress in its second quarter with sales growth driven by its markets in Britain and Poland but said it was cautious on the short-term outlook after the Brexit vote.
* Aggregate purchase price of all shares acquired under programme will be no greater than 25 mln stg
* 87.28 percent of votes cast at agm in favour of resolution to authorise directors to allot shares, 12.72 percent against Source text for Eikon: Further company coverage:
* We continue to feel confident in our ability to deliver our plan
** B&Q should be fearful of Bunnings, the hugely successful Australian hardware retailer which recently bought troubled UK chain Homebase, says Smith & Williamson fund manager Mark Swain, who started shorting B&Q's owner Kingfisher two days ago
NEW DELHI A group of Indian banks has rejected an offer by embattled liquor baron Vijay Mallya to repay part of the $1.4 billion loans his defunct Kingfisher airline owes them, a lawyer for the lenders told the Supreme Court on Thursday.