Kingfisher Shares News & Articles

Market report: Kingfisher profits slump to head FTSE 100 losers, Tesco launches Jack’s discount chain

One of Europe’s biggest home improvement retailers, B&Q-owner Kingfisher (KGF) reported a 15% fall in half year profits after a poor performance in France. Pre-tax profits fell 30.1% to £281m for the six months to the 31 July. The group said the business in France, Castorama ‘remains weak’, which is a blow to investors whom might have hoped for more encouraging noises. That’s ...

Market report: Price comparison sites hit by Amazon reports, Kingfisher and Rank fail to impress

Price comparison websites could be the latest industry ripe for disruption as reports suggest that Amazon is mulling a move into the space. According to reports, the US online sales giant has been talking to some of Europe’s top insurance firms to see if they would contribute products to an Amazon UK price comparison website. This would be Amazon’s first major move into financial services ...

All change: How new management can be good for companies and their share price

One of the key ingredients in the success or failure of a company is the quality of its management. When change at the top of a struggling company occurs, it can often act as a catalyst for an underperforming business and trigger a share price boost. Evaluating the skill sets of boardroom leaders is no easy feat, yet there are CEOs out there with proven pedigree in turning companies around or ...

Why Carpetright’s CVA has left investor nerves and the share price shredded

Ailing floor coverings-to-beds retailer Carpetright (CPR) confirms it will seek creditor approval for a restructuring plan to shutter stores and slash its rent bill. Yet while the company'S voluntary arrangement (CVA) may give Carpetright’s turnaround a fighting chance, remaining investors are not so sure. Shares in the company are down around 3.5% at 40.5p in mid-morning trade, although this ...
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