Kingfisher Q2 2017 earnings: sales reached £3.1 billion

LONDON, 2017-Aug-17 — /EPR Retail News/ — Q2 LFL down 1.9% reflecting: B&Q seasonal performance down 11% given weather boosted Q2 last year (+10%) and Q1 this year (+17%) (H1 2017/18: -1%) continued weaker sales in France; and continued business disruption from our ONE Kingfisher plan albeit with an overall improving trend Remain comfortable with […]

Kingfisher reports sales of £2.9 billion during 1Q 2017

Q1 LFL down 0.6% reflecting continued weaker sales in France and some business disruption from our ONE Kingfisher plan Remain on track to deliver Year 2 strategic milestones Returned further £79m (23m shares) year to date via share buyback of previously announced c.£600m capital return(3) LONDON, 2017-May-24 — /EPR Retail News/ — Véronique Laury, Chief […]

Kingfisher launches marketing campaign ‘Start Something New’ for its new range of Unique outdoor products

New campaign to support its first Unified and Unique outdoor range View our TV advert New Kingfisher garden and outdoor range, based on deep customer insight Rolled out across Kingfisher’s European businesses Campaign developed by award-winning creative agency Leo Burnett TVC creative directed by British actor and ‘Eddie the Eagle’ director Dexter Fletcher London, 2017-Mar-24 […]

Kingfisher announces retirement of its Chairman Daniel Bernard; Andy Cosslett to succeed

LONDON, 2017-Mar-24 — /EPR Retail News/ — Kingfisher announces that its Chairman, Daniel Bernard, has informed the Board that he will retire as Chairman and step down from the Board at the AGM in June 2017, after eight years as Chairman and 11 years on the Board. His successor, Andy Cosslett, will be appointed to […]

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% […]

Kingfisher announces final results for the year ended 31 January 2016

Sales up 3.8% and retail profit up 7.4%, in constant currencies Adjusted pre-tax profit of £686m, up 0.3% Good early progress on the journey to ‘ONE’ Kingfisher LONDON, 2016-Mar-25 — /EPR Retail News/ — 2015/16 Financial overview: % Total Change % Total Change % LFL* Change 2015/16 2014/15 Reported Constant currency Constant currency Adjusted sales* £10,331m […]

Kingfisher supports fight to stop illegal wood and products made with it from being sold on European markets

LONDON, 2016-Mar-22 — /EPR Retail News/ — As a long-term advocate of protecting the world’s forests, Kingfisher welcomes the news that the European Commission has recognised there is a problem preventing the EU Timber Regulation (EUTR) from fulfilling its purpose. The EUTR was introduced in 2013 to prevent illegal wood (and products made with illegal wood […]

Kingfisher welcomes Pierre Woreczek as its Chief Customer Officer

LONDON, 2016-Mar-02 — /EPR Retail News/ — Kingfisher, the home improvement company, is pleased to announce the appointment of Pierre Woreczek to the new role of Chief Customer Officer. He will join the business on 1 March and be a member of Kingfisher’s Group Executive. Pierre brings with him a wealth of international expertise and experience in […]

Kingfisher announces the appointment of Rakhi Parekh as non-executive director of the Company

LONDON, 2016-Feb-01 — /EPR Retail News/ — Kingfisher plc today announces the appointment of Rakhi Parekh as a non-executive director of the Company with effect from 1 February 2016 and as a member of both the Audit and Nomination Committees. Ms Parekh is a highly experienced director in digital retailing having spent 11 years at Amazon.com […]

Kingfisher to invest £50 million in renewable energy to reduce its energy consumption by 10%

LONDON, 2015-12-2 — /EPR Retail News/ — Kingfisher, the international home improvement company, has unveiled plans to invest £50 million in renewable energy as part of a plan to reduce its energy consumption from the national grid by 10% in the next two years. The investment will be spent on a range of renewable technologies. […]

Kingfisher announces that it has signed the “French Business Climate Pledge”

In the lead up to the COP 21 climate talks in Paris, Kingfisher plc is pleased to announce that it has signed the “French Business Climate Pledge”, launched today. 39 businesses have signed the pledge, demonstrating their commitment to combating climate change, to making COP 21 a success and to limiting the warming of the earth […]

Kingfisher: survey across Europe shows 85 per cent support for better laws that ensure the legality of wood products on the market

LONDON, 2015-9-28 — /EPR Retail News/ — Kingfisher plc, in conjunction with over 60 other timber-related business and seven trade federations, has signed an industry statement to secure measures to make the EU Timber Regulation (EUTR) fully effective across the EU. Timber is an essential raw material for our business, used in up to 40% of […]

Kingfisher supporting partner of the Specsavers everywoman in Retail Ambassadors’ ceremony

LONDON, 2015-9-18 — /EPR Retail News/ — Kingfisher plc is a supporting partner of the Specsavers everywoman in Retail Ambassadors’ ceremony being held tonight at Claridges in central London. The everywoman in Retail Ambassador Programme each year recognises 12 outstanding women in retail. The Ambassadors are at all stages of their careers and include high-performers, those who […]

Kingfisher donates £50,000 to UNICEF’s ‘Syria Children’s emergency appeal’

Westminster, UK, 2015-9-16 — /EPR Retail News/ — Kingfisher, the international home improvement company, has today donated £50,000 to UNICEF’s ‘Syria Children’s emergency appeal’ to support their vital work to save and protect Syrian Children. Kingfisher believes that homes are central to people’s lives and with almost two million Syrian children having been forced to […]

Kingfisher given the seal of approval by the design industry after receiving several awards for innovative product design

LONDON, 2015-7-17 — /EPR Retail News/ — Kingfisher, the international home improvement company, has been given the seal of approval by the design industry after receiving several awards for innovative product design. In France, the jury of the ‘Observeur du Design’ 2016 Awards gave a winner’s ‘label’ to four of Kingfisher’s products, including a MacAllister […]

Kingfisher preliminary results for the year ended 31 January 2015: Sales up 2.9%; UK & Ireland +5.5%

LONDON, 2015-3-31 — /EPR Retail News/ — Sales up 2.9%, adjusted pre-tax profit of £675m, down 7.5%. New CEO outlines plans to organise Kingfisher very differently and announces her first ‘sharp’ decisions on the journey to ‘ONE’ Kingfisher 2014/15 Financial overview: % Total Change % Total Change % LFL* Change 2014/15 2013/14 Reported Constant currency […]

Kingfisher acquisition of Mr Bricolage will not proceed further

LONDON, 2015-3-31 — /EPR Retail News/ — On 23 July 2014 Kingfisher entered into a binding agreement with the principal shareholders of Mr Bricolage to acquire their shareholdings subject to satisfactory anti-trust clearance. This agreement made provision that it would lapse if the anti-trust clearance was not obtained by 31 March 2015 although an extension could be agreed […]

Kingfisher executive director Kevin O’Byrne to step down from the Board on 15 May 2015

LONDON, 2015-3-31 — /EPR Retail News/ — In accordance with Listing rule 9.6.14(2), Kingfisher plc today announces that Kevin O’Byrne, an executive director of the Company, is to step down from the Board and leave the business on 15 May 2015. Mr O’Byrne will remain in his current role as CEO for B&Q UK & […]

Kingfisher issues statement regarding Kingfisher’s potential acquisition of Mr Bricolage

LONDON, 2015-3-26 — /EPR Retail News/ — Kingfisher notes the suspension of the shares of Mr Bricolage on the French stock exchange. Kingfisher has been working with the Board and major shareholders of Mr Bricolage in relation to the outstanding condition surrounding Kingfisher’s potential acquisition of Mr Bricolage.  Kingfisher has been made aware that both the majority […]

Kingfisher joins some of the biggest companies in the world to launch global digital platform to drive conversation and action on sustainability

LONDON, 2014-10-16— /EPR Retail News/ — A coalition of the world’s biggest companies and non-profits have launched a global digital platform to drive conversation and action on sustainability. Collectively, will celebrate and connect the people, places and cutting-edge ideas that are shaping the future. It will focus on giving a global stage to audiences who […]

Sir Ian Cheshire to be succeeded by Ms Véronique Laury as Kingfisher Group Chief Executive

LONDON, 2014-9-10 — /EPR Retail News/ — Kingfisher announces Group Chief Executive succession plan. Sir Ian Cheshire to be succeeded by Ms Véronique Laury, Chief Executive of Castorama France, before the end of the current financial year. Kingfisher plc, Europe’s largest home improvement retailer, today announces that Sir Ian Cheshire will step down as Group […]

Kingfisher reports half year total sales up 0.9% and flat adjusted pre-tax profits of £364 million

LONDON, 2014-9-10 — /EPR Retail News/ — Kingfisher reports half year total sales up 0.9% (+1.8% LFL) and flat adjusted pre-tax profits of £364 million after the negative impact of foreign exchange translation. Kingfisher also announces Group Chief Executive succession plan. Sir Ian Cheshire to be succeeded by Ms Véronique Laury, Chief Executive of Castorama […]

Kingfisher gives nine new graduates the opportunity to work in Commercial functions of two of Kingfisher’s Operating Companies as part of its International Graduate Programme

LONDON, 2014-9-8 — /EPR Retail News/ — Kingfisher plc, Europe’s largest home improvement retailer, this week welcomes nine new graduates to its International Graduate Programme. Now in its third year, the programme gives graduates the opportunity to work in the Commercial functions of two of Kingfisher’s Operating Companies over a two-year period. The nine new […]