skip to main content
Find Insight DIY on
* * *


The week ahead - Kingfisher Results

B&Q owner Kingfisher KGF presents a third quarter trading statement on Thursday. The retailer reported slightly improved interims with pre-tax profit for the half year as sales were about level with the previous year at £5,454m from £5,502m although international profits rose 21.0% to £71m as the company revealed that it now operates 41 B&Q stores in China. Net cash on the books at the the time was £19m as the interim dividend was maintained at 1.925p. Chief executive Ian Cheshire added then “Kingfisher now generates significantly higher profits and cash flow from its operations and a much better return on capital for its shareholders.”

Source : UK City

27 November 2010
view more UK DIY News

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

Paul Boyce - European CEO, QEP Ltd.

Don't miss out on all the latest, breaking news from the DIY industry