Kingfisher Shares News & Articles

Market Report: Kingfisher and Serco shine, Staffline investors suffer on placing

The FTSE100 is nudging higher after a report in the South China Post hinted that the US and China had reached a tentative truce in their on-going trade dispute. The index of the top 100 shares gains three points to 7,419 in early trade. Banks, builders and miners are leading the index, up 0.72%, 0.63% and 0.95% respectively, while tobacco, down 1.2%, and personal goods, down 0.82%, are a drag ...

Kingfisher gets welcome weather sales boost but leadership questions remain unanswered

Home improvement giant Kingfisher (KGF) announces a modest-but-most-welcome rise in first quarter sales amid tough retail market conditions. Reassuringly, the FTSE 100 retailer also leaves full year guidance unchanged, yet the shares are 2.6% easier at 235.6p in early dealings. The reverse reflects the ongoing challenges facing the French business and disappointment on the absence of any ...

Market report: Kingfisher’s wings clipped as CEO shown the door, TI Fluid Systems accelerates on profits surge

London’s FTSE 100 cheapens 3.6 points to 7,320.4 early on, ahead of the US Federal Reserve’s latest policy decision and amid chatter that top US trade officials will head to China next week for new trade talks. Home improvement giant Kingfisher (KGF) cheapens 1.3% to 242.1p on the news chief executive officer (CEO) Véronique Laury is downing tools having struggled to turn around the DIY ...

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 ...
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