Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Kingfisher plc
  6. News
  7. Summary
    KGF   GB0033195214

KINGFISHER PLC

(KGF)
  Report
Delayed London Stock Exchange  -  11:35 2022-12-06 am EST
243.80 GBX   -1.14%
12/02Deutsche Bank Keeps Kingfisher At Buy, Trims PT
MT
12/02LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hold'
AN
11/30Kingfisher : chooses Google Cloud as catalyst for growth and innovation
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

DIY retailer Kingfisher boosted by sales of energy efficient products

11/24/2022 | 02:48am EST
FILE PHOTO: The spread of the coronavirus disease (COVID-19) in London

LONDON (Reuters) - European home improvement retailer Kingfisher reported resilient trading in its third quarter, with the outcome boosted by strong demand for energy efficient products as consumers seek to cut their energy bills.

The group, which owns B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other markets, said on Thursday its total sales rose 1.7% in constant currency to 3.3 billion pounds ($4 billion) in the three months to Oct. 31, with like-for-like sales up 0.2%.

It said it had also got off to a good start in its fourth quarter with like-for-like sales up 2.8% for the three weeks to Nov. 19.

"While the market backdrop remains challenging, DIY sales continue to be supported by new industry trends such as more working from home and a clear step-up in customer investment in energy saving and efficiency," said Chief Executive Thierry Garnier.

The outcome enabled Kingfisher to keep its financial guidance broadly intact, forecasting a year to end-Jan. 2023 adjusted pretax profit in the range of 730 to 760 million pounds ($882-$919 million), down from a pandemic boosted 949 million pounds in 2021-22. It previously forecast 730-770 million pounds.

($1 = 0.8273 pounds)

(Reporting by James Davey; Editing by Kate Holton)


ę Reuters 2022
All news about KINGFISHER PLC
12/02Deutsche Bank Keeps Kingfisher At Buy, Trims PT
MT
12/02LONDON BROKER RATINGS: Jefferies raises AJ Bell to 'buy' from 'hol..
AN
11/30Kingfisher : chooses Google Cloud as catalyst for growth and innovation
PU
11/30Kingfisher Partners With Google Cloud to Expand Digital Capabilities
MT
11/30DIY retailer Kingfisher partners with Google Cloud to boost e-commerce
RE
11/29UBS Lifts Kingfisher PT, Maintains Sell Rating
MT
11/29LONDON BROKER RATINGS: UBS raises Spirax-Sarco and cuts Halma
AN
11/29Kingfisher Mining Validates Rare Earths at Mick Well Project
MT
11/25LONDON BROKER RATINGS: UBS cuts Man; RBC prefers Lloyds to NatWest
AN
11/24FTSE 100 Closes Up 0.2% Ahead of Black Friday
DJ
More news
Analyst Recommendations on KINGFISHER PLC
More recommendations
Financials
Sales 2023 12 966 M 15 869 M 15 869 M
Net income 2023 578 M 707 M 707 M
Net Debt 2023 1 878 M 2 299 M 2 299 M
P/E ratio 2023 8,45x
Yield 2023 4,98%
Capitalization 4 724 M 5 782 M 5 782 M
EV / Sales 2023 0,51x
EV / Sales 2024 0,52x
Nbr of Employees 81 710
Free-Float 99,2%
Chart KINGFISHER PLC
Duration : Period :
Kingfisher plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends KINGFISHER PLC
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Last Close Price 243,80 GBX
Average target price 238,72 GBX
Spread / Average Target -2,08%
EPS Revisions
Managers and Directors
Thierry Garnier Chief Executive Officer & Director
Bernard L. Bot Chief Financial Officer & Director
Andrew Cosslett Director
Rakhi Goss-Custard Independent Non-Executive Director
Jeff Carr Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
KINGFISHER PLC-27.93%5 782
THE HOME DEPOT, INC.-23.51%334 283
LOWE'S COMPANIES, INC.-20.23%129 914
HOME PRODUCT CENTER0.69%5 560
MR D.I.Y. GROUP (M)-13.57%4 446
RED STAR MACALLINE GROUP CORPORATION LTD.-31.64%2 802