Kingfisher, Retail industry, Business, UK news Business | The Guardian
Shares in FTSE 100-listed company rise after it reports improved full-year profit forecastBusiness live – latest updatesThe chief executive of Kingfisher, which owns the B&Q and Screwfix chains, has said demand for kitchens and bathrooms in the UK has plateaued but overall sales are showing signs of recovery, as the retail group reported sliding half-year revenues.Thierry Garnier said demand for big-ticket categories had remained weak, in line with the wider market, while sales of seasonal products – from garden furniture to barbecues – had improved since early July. Continue reading…
Shares in FTSE 100-listed company rise after it reports improved full-year profit forecast
Business live – latest updates
The chief executive of Kingfisher, which owns the B&Q and Screwfix chains, has said demand for kitchens and bathrooms in the UK has plateaued but overall sales are showing signs of recovery, as the retail group reported sliding half-year revenues.
Thierry Garnier said demand for big-ticket categories had remained weak, in line with the wider market, while sales of seasonal products – from garden furniture to barbecues – had improved since early July.
