Kingfisher ( (GB:KGF) ) just unveiled an update.
Kingfisher PLC reported its financial results for the year ended January 31, 2025, highlighting market share gains in all key regions for the first time in over six years. Despite a challenging market backdrop, the company achieved strong delivery against its strategic objectives, with e-commerce marketplaces showing significant growth and trade sales penetration increasing notably. However, the company faced a decline in sales and profits, with total sales down 0.8% and statutory pre-tax profit dropping by 35.4%. Kingfisher remains focused on managing costs and cash effectively, while restructuring efforts in France continue to progress. Looking ahead, the company is confident about growth opportunities despite recent government budgets impacting retailer costs and consumer sentiment.
More about Kingfisher
Kingfisher PLC is a prominent player in the home improvement retail industry, offering a wide range of products and services across key markets including the UK, Ireland, France, Poland, and Iberia. The company has a significant focus on e-commerce and trade sales, with a strong presence in both the consumer and professional sectors.
YTD Price Performance: 12.46%
Average Trading Volume: 5,744,749
Technical Sentiment Signal: Strong Sell
Current Market Cap: £4.87B
For a thorough assessment of KGF stock, go to TipRanks’ Stock Analysis page.