Here is how Kingfisher PLC (KGFHY) and Lands' End (LE) have performed compared to their sector so far this year.
Does Kingfisher PLC (KGFHY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Kingfisher plc (OTCQX:KGFHF) Q2 2024 Results Conference Call September 17, 2024 3:30 AM ET Company Participants Thierry Garnier - Chief Executive Officer & Executive Director Bernard Bot - Chief Financial Officer & Director Conference Call Participants Ami Galla - Citi Warwick Okines - BNP Paribas Adam Cochrane - Deutsche Bank Richard Chamberlain - RBC Capital Markets Izabel Dobreva - Morgan Stanley Georgina Johanan - J.P. Morgan Matthew Clements - Barclays Kate Calvert - Investec Grace Gilberg - Jefferies Operator Good day, ladies and gentlemen, and welcome to Kingfisher plc's Half Year 2024 to 2025 Results Presentation.
B&Q-owner Kingfisher plc added 6.3% following a promising interim earnings report published on Tuesday. The FTSE 100-listed group delivered half-year results in-line with expectations, with adjusted pre-tax profit (PBT) dipping half a percentage point to £334 million and top-line sales dipping 1.4%.
B&Q and Screwfix-owner Kingfisher plc delivered half-year results in-line with expectations today, with adjusted pre-tax profit (PBT) dipping half a percentage point to £334 million and top-line sales dipping 1.4%. It marks a considerable improvement from the 29% falling in adjusted PBT in the first half of 2023, suggesting a welcome recovery in the DIY market.
B&Q and Brico Depot owner Kingfisher lifted the bottom end of its annual profit outlook, saying that while demand for 'big-ticket' home improvements like kitchens and bathrooms remained weak, seasonal sales trends have improved since early July.
Kingfisher PLC (LSE:KGF) shares have rallied recently and that good run could continue if teh B&Q owner shows some improvement in France at next week's interims. Deutsche Bank expects half-year sales to drop 0.4% to £6.85 billion with a pre-tax profit of £264m, down 22%.
Here is how Kingfisher PLC (KGFHY) and Next PLC (NXGPY) have performed compared to their sector so far this year.
VANCOUVER, BC / ACCESSWIRE / September 10, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to report the completion of its program of mapping, sampling, and IP surveys at the consolidated HWY 37 and LGM projects in the Golden Triangle, British Columbia. Highlights IP surveys were completed at the Mary-ME porphyry, and Hank-Williams porphyry-epithermal areas totalling 14.14 line km.
VANCOUVER, BC / ACCESSWIRE / July 10, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that it has closed the acquisition of the LGM Project from Origen Resources Inc. ("Origen"), which was previously announced on June 6, 2024. Under the terms of the definitive agreement, the Company issued 3,000,000 common shares in the capital of Kingfisher to Origen and paid C$75,000 in cash to Origen in exchange for the transfer of the LGM Project claims on closing.
Kingfisher PLC (LSE:KGF) rose slightly as it unveiled British Land's finance head Bhavesh Mistry as its new Chief Financial Officer. Mistry will succeed current CFO Bernard Bot, who is stepping down to pursue a non-executive career.
VANCOUVER, BC / ACCESSWIRE / June 13, 2024 / Kingfisher Metals Corp. (TSX-V:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to initiate phase 1 exploration for the 2024 field season at the HWY 37, LGM, and Thibert projects in British Columbia. Highlights 1158 line-km ZTEM airborne geophysical survey at HWY 37 and LGM projects starting late June VRIFY AI machine learning across HWY 37 and LGM projects underway ZTEM results will see follow-up mapping and IP surveys on priority targets at HWY 37 and LGM Soil and till sampling campaign at Thibert Project in June to follow up on prospectivity modeling completed over winter 2023-2024 Dustin Perry, CEO states "We are excited to get started with our 2024 field programs in northern BC.