Kingfisher says profits will survive the impact of the winter’s big freeze February 18, 2010 B&Q owner Kingfisher said it had defied the big freeze in posting better-than-expected results for January. The company said it had kept a lid on costs and profits would be “slightly ahead” of the £540m for the year to 30 January pencilled in by city analysts Like-for-like sales for the final quarter at B&Q had [...]
The Tipster February 17, 2010 SOVEREIGN debt troubles had created plenty of turmoil in the global markets, but over the past few days, equity markets have been discounting the negative news flow to stage a bit of a recovery. Traders should be aware that the strength in European equities is often preceded by a good performance in the Asian markets [...]
DIYboost for owner of B&Q December 3, 2009 B&Q owner Kingfisher yesterday beat City forecasts for its third quarter, boosted by a change of strategy in China and a renewed interest in home improvement. The group said that pre-tax profits rose in the 13 weeks to 31 October to £227m, compared to £176m last year, ahead of expectations. Kingfisher said that a revival [...]
B&Q owner boosted by summer sun July 23, 2009 KINGFISHER, the owner of DIY chain B&Q, yesterday reported a surprise rise in like-for-like sales in the second quarter, as cash-strapped consumers snapped up summer accessories thanks to a spell of barbeque weather. Kingfisher, which also operates Castorama in France, said it grew its market share in the 10 weeks to 11 July, but that [...]