Kingfisher lifts H2 guidance, divi as interims soar on DIY boom

21st Sep 2021 07:03

(Sharecast News) - Anglo-French DIY group Kingfisher lifted second-half sales guidance as it reported a surge in interim profits and announced a £300m share buyback as the home improvement boom continued.

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Kingfisher secures new £550.0m revolving credit facility agreement

2nd Jun 2021 08:05

(Sharecast News) - Home improvement retailer Kingfisher has entered into a £550.0m three-year revolving credit facility agreement with a group of its banks.

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Friday broker round-up

21st May 2021 12:24

(Sharecast News) - Hotel Chocolat Group: Berenberg reiterates hold with a target price of 390p.

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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.

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Citi 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.

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Sunday 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.

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Thursday broker round-up

25th Mar 2021 13:07

(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 3,110p.

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Kingfisher 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.

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RBC 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.

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Kingfisher 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.

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Kingfisher 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.

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Kingfisher 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).

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Kingfisher 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.

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Homebase 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.

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Kingfisher 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).

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