Kingfisher PLC (LSE:KGF) trading update next week (Monday 25 November) should contain some encouraging trends but might have a sting in the tail, believes US bank Citi. UK trading at B&Q and Screwfix should be positive, France has easier comparatives and weakness in Poland should be modest.
VANCOUVER, BC / ACCESSWIRE / November 12, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to report new drill targets generated from the 2024 field program at the HWY 37 Project in the Golden Triangle, British Columbia. SIX NEW DRILL TARGETS: 1.
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.