B&Q-owner Kingfisher rallies on a ‘complicated beat'
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-owner Kingfisher reins in declining profits
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.
Kingfisher raises bottom end of profit outlook on improving sales trends
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 rally can continue if France picks up, says bank
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%.
Has Kingfisher (KGFHY) Outpaced Other Retail-Wholesale Stocks This Year?
Here is how Kingfisher PLC (KGFHY) and Next PLC (NXGPY) have performed compared to their sector so far this year.
Kingfisher Provides 2024 Exploration Update
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.
Kingfisher Closes Acquisition of the LGM Project in the Golden Triangle, British Columbia
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 appoints new CFO from British Land
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.
Kingfisher Provides 2024 Phase 1 Exploration Update
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.
Kingfisher Signs Definitive Agreement to Acquire the LGM Project in the Golden Triangle, British Columbia
VANCOUVER, BC / ACCESSWIRE / June 6, 2024 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") to acquire the LGM Project from Origen Resources Inc. ("Origen"). The 26,771 Ha LGM Project is located immediately south and contiguous with Kingfisher's HWY 37 Project, in Northwest British Columbia within the Golden Triangle.
Kingfisher plc ADR (KGFHY) Q1 Trading Update Transcript
Kingfisher plc ADR (OTCQX:KGFHY) Q1 Trading Update Call May 22, 2024 6:00 AM ET Company Participants Majid Nazir - Investor Relations Anisha Singhal - Deputy Investor Relations Director Conference Call Participants Operator Good, that looks like everyone's here. So thank you for joining us this morning to hear from Kingfisher PLC, who announced their Q1 Trading Update yesterday.
B&Q and Screwfix owner Kingfisher sees sales fall less than expected
B&Q and Screwfix owner Kingfisher PLC reported a fall in like-for-like sales in the first quarter, worsening into the second, but kept its full-year guidance unchanged. LFL sales dropped 0.9% in the three months to 30 April, worsening to a 2.5% decline in the first few weeks of the second quarter.
