Kingfisher raises H1 outlook after strong quarter
20th May 2021 07:03
(Sharecast News) - Kingfisher said first-half sales and profit would beat expectations after the owner of B&Q achieved strong sales growth in the first quarter.
Read moreCiti upgrades B&Q owner Kingfisher to 'neutral'
15th Apr 2021 09:25
(Sharecast News) - Citi upgraded its stance on shares of B&Q owner Kingfisher on Thursday to 'neutral' from 'sell' as it argued that ongoing DIY strength amid extended lockdowns provides good support to current expectations.
Read moreSunday share tips: Kingfisher, In The Style
28th Mar 2021 11:53
(Sharecast News) - Kingfisher was one of the businesses to cash in on people's desire to make the best of an otherwise horrible situation, Covid-19 pandemic.
Read moreThursday broker round-up
25th Mar 2021 13:07
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 3,110p.
Read moreKingfisher restarts dividend as profits soar on lockdown DIY boom
22nd Mar 2021 07:01
(Sharecast News) - B&Q owner Kingfisher reinstated its dividend as annual profits soared on booming DIY demand from people stuck at home during the Covid-19 pandemic, but warned of a slowdown in sales growth in the second half.
Read moreRBC Capital upgrades JD Sports, downgrades M&S
8th Feb 2021 10:56
(Sharecast News) - RBC Capital Markets upgraded its stance on JD Sports on Monday, but downgraded its rating on Marks & Spencer.
Read moreKingfisher sees FY profits at upper end of expectations
12th Jan 2021 07:03
(Sharecast News) - B&Q owner Kingfisher said it expected profits at the top end of forecasts after a sharp rise in fourth quarter sales, driven by the continuing DIY boom and online purchases during coronavirus restrictions.
Read moreKingfisher halves cost savings as it pays back £130m in Covid rates relief
7th Dec 2020 07:13
(Sharecast News) - B&Q owner Kingfisher became the latest firm to repay Covid-19 business rates relief and added that projected full-year cost savings would more than halve as a result.
Read moreKingfisher buys online platform Needhelp for €10m
25th Nov 2020 07:02
(Sharecast News) - B&Q owner Kingfisher said it had bought online European home improvement services platform NeedHelp for €10m (£9m).
Read moreKingfisher Q3 sales surge on booming lockdown DIY demand
19th Nov 2020 07:02
(Sharecast News) - B&Q owner Kingfisher reported a strong rise in third quarter sales driven by online demand as consumers spent the coronavirus lockdown improving their homes.
Read moreHomebase put up for sale
11th Nov 2020 12:02
(Sharecast News) - DIY chain Homebase has been put up for sale by its owner Hilco, just two years after the turnaround specialist acquired it for £1.
Read moreKingfisher sale of Castorama Russia completes after approvals
1st Oct 2020 08:53
(Sharecast News) - Kingfisher has completed the sale of Castorama Russia to local home improvement chain Maxidom, it confirmed on Thursday, for a total consideration of RUB 7.4bn (£73m).
Read moreStrong second quarter recovery sees Kingfisher profits rise
22nd Sep 2020 07:33
(Sharecast News) - Kingfisher reported a "resilient" first half performance on Tuesday, with its sales falling 1.1% at constant currencies to £5.9bn, reflecting the impact of Covid-19 in the first quarter, partially offset by a "strong" recovery in the second quarter.
Read moreKingfisher's Screwfix to open 40 new stores this year
26th Aug 2020 11:08
(Sharecast News) - DIY trade supplier and retailer Screwfix will open 40 new stores this year in the UK and Ireland, creating 400 jobs.
Read moreKingfisher sees higher H1 profits on lockdown DIY boom
22nd Jul 2020 07:01
(Sharecast News) - DIY group Kingfisher said it expected interim pre-tax profits to be higher as strong demand continued across its markets after the lifting of coronavirus lockdowns, but withheld guidance due to continued uncertainty.
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