Kingfisher Misses Estimates as Sales Drop in France, Britain

Irish Times

Kingfisher caned by currency fluctuations Proactive Investors UK ... our third quarter, one of our most significant trading periods in the year. Our markets remain challenging, with consumer confidence still weak and so we maintain our strong focus on margin, costs and cash," said Ian Cheshire, chief executive of ... See all stories on this topic » Proactive Investors UK

Kingfisher: What the analysts say Retail Week “We said yesterday that the best investor relations team in the industry would surely engineer a top-of-the-range third quarter outcome today at Kingfisher, so we have to take our hats off to them for presenting a bottom-of-the-range outcome of £257m ... See all stories on this topic »

Kingfisher Misses Estimates as Sales Drop in France, Britain Businessweek Kingfisher's markets “remain challenging, with consumer confidence still weak,” Chief Executive Officer Ian Cheshire said. The CEO is seeking to protect profit by directly sourcing more products from suppliers and adding common product ranges across ... See all stories on this topic »

Kingfisher suffers earnings fall Financial Times Kingfisher suffers earnings fall. By Louise Lucas. Kingfisher, the owner of the B&Q home improvement chain, reported a 5.9 per cent drop in third-quarter earnings before interest and tax to £257m, as French and British consumers downed tools. The ... See all stories on this topic »

Kingfisher says budget uncertainty hitting France Reuters UK LONDON (Reuters) - Kingfisher (KGF.L), Europe's biggest home improvements retailer, said uncertainty over the French government's budget plans had knocked consumer confidence in its largest market, as it posted a 6 percent drop in quarterly profit. See all stories on this topic »

B&Q and Castorama owner Kingfisher dips on cautious outlook The Guardian (blog) Kingfisher, the owner of B&Q in the UK and Castorama in France, continues to struggle with tough markets, and its latest results have done little to dispel the gloom. With falling revenues in both its main markets, its like for like sales for the third ... See all stories on this topic »

B&Q owner Kingfisher warns of "opaque" outlook Telegraph.co.uk Kingfisher, which also owns Screwfix, said like-for-like sales in the UK fell by 3.8pc in the 13 weeks to October 27. This compares to a 5.5pc drop in the first half of the year, when B&Q sales were dragged down by Britain's wet summer. “It's ... See all stories on this topic » Telegraph.co.uk

Kingfisher profits down by 6% Irish Times Kingfisher, Europe's number one home improvements retailer, posted a 6 per cent fall in third-quarter profit, hit by a fall in sales in its main markets in France and the UK as well as unfavourable foreign exchange movements. The group, which runs B&Q ... See all stories on this topic »