Kingfisher (GB:KGF) has released an update.
Kingfisher PLC reported a modest increase in Q1 sales, with positive trends in e-commerce and strategic expansion, despite weak ‘big-ticket’ sales reflecting the broader market. The company’s UK & Ireland segment showed strong market share gains, particularly in trade-focused areas, while France and Poland’s sales were in line with market expectations. Kingfisher reiterated its full year financial guidance, forecasting steady profits and cash flow.
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