Kingfisher PLC Add to portfolio

By clicking “Accept” below, you agree to us doing so. You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. Community updates, Crime Statistics, Local News & Events and much more... For some, Bank Holiday Monday is all about heading to the beach to enjoy the sun but for others its the perfect time for a bit of old-fashioned DIY. If you don't fancy heading down to Southend and queuing for hours to find a parking space, then lots of you will be making the most of your time off by getting everything you need from B&Q, Wickes, Homebase, Halfords and Argos. The conditions are ideal to finally sort out that garden that you may have been neglecting over the winter. Southend and Clacton both have beaches it is 'unsafe' to swim in. If you're planning on doing some springtime home improvements today we've put together a full list of today's DIY store opening hours.

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Kingfisher (LON:KGF) was downgraded by equities researchers at Credit Suisse Group to a “neutral” rating in a research report issued to clients and investors on Friday, March 22nd, ThisIsMoney.Co.Uk reports. Royal Bank of Canada cut shares of Kingfisher to an “underperform” rating and lowered their price objective for the company from GBX 240 ($3.14) to GBX 200 ($2.61) in a research report on Monday, January 21st. Five research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Kingfisher currently has a consensus rating of “Hold” and a consensus price target of GBX 238.75 ($3.12).

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Kingfisher (LON:KGF) was downgraded by investment analysts at Credit Suisse Group to a “neutral” rating in a research note issued to investors on Friday, March 22nd, ThisIsMoney.Co.Uk reports. Credit Suisse Group’s price target would suggest a potential upside of 2.21% from the company’s previous close. Royal Bank of Canada cut Kingfisher to an “underperform” rating and reduced their price objective for the company from GBX 240 ($3.14) to GBX 200 ($2.61) in a research report on Monday, January 21st. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company.

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Broker Forecast - Credit Suisse issues a broker note on Drax Group PLC. 22 March 2019 | 11:00am. StockMarketWire.com - Credit Suisse today downgrades its investment rating on Drax Group PLC [LON:DRX] to underperform (from outperform) and cut its price target to 325p (from 420p). Story provided by StockMarketWire.com. Broker Forecasts data provided by www.sharesmagazine.co.uk. LATEST STOCK MARKET NEWS AND OFFERS. Get the latest stock market and investment news, market wraps, promotions and more! Latest share price and company details:. Drax Group (DRX) Share Price. 372.10p -3.30p ( -0.88 %) delayed: 11:30AM. Price delayed by 15 minutes.

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LONDON BRIEFING: Change In CEO Added To Kingfisher "Transformation" LONDON (Alliance News) - Kingfisher on Wednesday posted a sharp fall in annual profit following a ... LONDON (Alliance News) - Kingfisher on Wednesday posted a sharp fall in annual profit following a tough year for France's Castorama, though the results broadly managed to beat analyst expectations.Furthermore, the DIY retailer announced a plan to replace Chief Executive Officer Veronique Laury, as part of what the company called "the board's regular talent and succession planning process". "Leading the transformation has been so exciting but also very challenging. As the transformation approaches its final year, I believe it is right for someone else to lead the next phase of the ONE Kingfisher journey. "For the year ended January 31, Kingfisher posted a pretax profit of GBP322 million, less than half the prior year's GBP682 million, mostly due to property-related exceptional items.Underlying pretax profit, before transformation costs, fell 13% to GBP693 million from GBP797 million, broadly in line with analyst consensus which had expected a 14% drop to GBP685 million. Sales amounted to GBP11.69 billion, up just 0.3% from GBP11.66 billion a year ago. Kingfisher shares were trading flat early Wednesday.Here is what you need to know at the London market open:----------MARKETS----------FTSE 100: down 0.2% at 7,309.39----------Hang Seng: down 0.4% at 29,349.75Nikkei 225: closed up 0.2% at 21,608.92DJIA: closed down 0.1% at 25,887.38S&P 500: closed flat at 2,832.57----------GBP: down at USD1.3231 (USD1.3281)EUR: down at USD1.1341 (USD1.1353)Gold: down at USD1,302.72 per ounce (USD1,305.89)Oil (Brent): up at USD67.76 a barrel (USD67.42)(changes since previous London equities close)----------ECONOMICS AND GENERAL----------Wednesday's Key Economic Events still to come 0930 GMT UK consumer, retail and producer price indices0930 GMT UK capital issuance1100 GMT UK CBI monthly Industrial Trends Survey1000 SAT South Africa CPI1000 SAT South Africa SARB Quarterly Bulletin1100 SAT South Africa wholesale trade sales1300 SAT South Africa retail trade sales0700 EDT US MBA weekly Mortgage Applications Survey1030 EDT US EIA weekly Petroleum Status Report1400 EDT US Federal Reserve interest rate decision1400 EDT US Fed economic projections1430 EDT US Fed Chair Jerome Powell press conference----------UK Prime Minister Theresa May will write to the EU on Wednesday to ask for a delay to Brexit beyond the scheduled date of March 29.

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Kingfisher - the DIY group behind B&Q, Screwfix and Castorama - is on the hunt for a new boss, it said today, as it came clean on tumbling full-year profits. The FTSE-listed firm said it had begun succession planning for chief executive Veronique Laury who took up the job in 2014, but has not yet set a date for her departure. Her plan to streamline buying processes, shake up ranges and introduce better digital systems across the group has faced increasing scrutiny amid falling sales and profits, which was partly down to execution issues. Meanwhile, Screwfix sales rose 4.1 per cent, but this marks a slowdown in growth on the previous year. While Kingfisher is pulling its Screwfix stores out of Germany, it pledged today to open more in the UK, increasing its target to 800 outlets, and setting up shop in Ireland.

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UK's Kingfisher to part company with CEO Laury. ReutersMarch 20, 2019, 7:20 AM GMT. LONDON (Reuters) - Kingfisher, the home improvement retailer, is to part company with its Chief Executive Véronique Laury, it said on Wednesday. The firm, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, said a succession process had started and was supported by Laury. A departure date has not yet been decided. Kingfisher also reported a 13 percent fall in underlying pretax profit to 693 million pounds ($918 million) for the year to Jan. 31 2019. What to read next.

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Flagging European home-improvements retailer Kingfisher announced Wednesday the departure of chief executive Veronique Laury, and signalled fresh closures of underperforming stores. The company did give a precise reason for the exit of the Frenchwoman, who has been CEO at the London-listed company since late 2014. "Kingfisher plc today announces that ... a decision has been made to launch the succession process for the position of group chief executive officer," it said in a brief statement alongside gloomy annual results. The owner of French chains Castorama and Brico Depot as well as Britain's B&Q has more than 1,200 stores in 10 countries across Europe, Russia and Turkey.

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