Analyst Views | What did you make of Kingfisher’s statement?

SIMON IRWIN
CREDIT SUISSE
While this beat is encouraging ... it shows more the volatility driven by weather, soft comparatives and calendar effects rather than a clear evidence of an improvement in underlying demand.

JAMES GRZINIC
JEFFERIES
Sales performance was better than expected...The update confirmed a seasonally-driven rebound in the UK, normalisation in French pressures and much stronger performance in Poland.

NICK BUBB
INDEPENDENT ANALYST
Kingfisher has celebrated the arrival of summer...having seen its outdoor ranges suffer in the first quarter, the warmer weather has helped B&Q in the UK swing back into positive like-for-like territory.