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
…
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,…
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…
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…
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
£10,605m
(2.6)%
+3.8%
+2.3%
Retail profit*
£746m
£742m
+0.7%
+7.4%
Adjusted* pre-tax profit
£686m
£684m
+0.3%
Adjusted basic…
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 in…
Westminster, UK, 2015-9-16 — /EPR Retail News/ — Kingfisher plc, the international home improvement company, is pleased to announce the appointment of Emily Lawson as Chief People Officer. She will join the business in October. The appointment completes the international leadership team put together by Kingfisher CEO Véronique Laury.
Emily was previously Group HR Director at…
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
Constant currency
Sales*
£10,966m
£11,125m
(1.4)%
+2.9%
+0.5%
Retail profit*
£733m
£779m
(5.9)%
(1.6)%
Adjusted*…
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 &…
LONDON, 2014-12-23 — /EPR Retail News/ — Kingfisher plc, Europe's leading home improvement retailer, today announces a binding agreement to sell a controlling 70% stake in its B&Q China business to Wumei Holdings Inc for a total cash consideration of £140 million. The agreement follows Kingfisher’s previous announcement of its plans to look for a…