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Tag: half year financial results

Kingfisher announces half year financial results ended 31 July 2016

LONDON, 2016-Sep-20 — /EPR Retail News/ — Sales up 2.7% and retail profit up 8.7%, in constant currencies. Underlying pre-tax profit of £436m, up 13.5%. Good early progress on ONE Kingfisher Financial highlights % Total Change % Total Change % LFL* Change 2016/17 2015/16 Reported Constant currency Constant currency Adjusted sales* £5,749m £5,382m +6.8% +2.7% +3.3% Retail profit* £464m £410m +13.1% +8.7% Underlying* pre-tax profit £436m £384m +13.5% Adjusted* pre-tax profit £418m £384m +8.9% Underlying basic EPS 14.2p 12.3p +15.4% Adjusted basic EPS 13.6p 12.3p +10.6% Half year dividend 3.25p 3.18p +2.2% Net cash* £898m £435m n/a *Throughout this release…

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