Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

278.10p
   
  • Change Today:
    -0.90p
  • 52 Week High: 334.60p
  • 52 Week Low: 203.00p
  • Currency: UK Pounds
  • Shares Issued: 1,940.03m
  • Volume: 4,446,065
  • Market Cap: £5,395m
  • RiskGrade: 158

Kingfisher closes French stores; Feb group sales up

By Frank Prenesti

Date: Monday 16 Mar 2020

LONDON (ShareCast) - (Sharecast News) - DIY group Kingfisher said it had closed all 221 of its Castorama and Brico D?p?t stores in France until April 14 in line with government restrictions to combat the coronavirus pandemic.
The company on Monday said its 28 stores in Spain were also shut until March 29, as it warned there was significant uncertainty on sales and demand as the pandemic spread.

It added that it is taking "immediate and significant" actions to cut costs and protect its financial position.

This included reducing operating expenditures, stock and goods not for resale purchases, stopping all but essential capital expenditure, and making use of tax payment and other government relief measures.

Up to Saturday 14 March we have experienced no impact on demand from COVID-19.

The company said February group like-for-like sales were up +7.6%, or 2.3% excluding the leap year impact.

In the first two weeks of March up to March 14 sales continued to be positive with growth across all businesses within it core markets, strongly supported by internet sales.

"However, there is significant uncertainty on sales and demand as the outbreak spreads, and as central governments and businesses take action to contain and delay its impact," Kingfisher said.

The company added that it limited financial debt of ?136m at January 31 with total net debt of ?2.5bn.

"Given recent government actions and the heightened impact and uncertainty of changes in the magnitude, duration and geographic reach of Covid-19, we are not yet able to predict the impact...on our 2020/21 full year results," the company said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kingfisher Market Data

Currency UK Pounds
Share Price 278.10p
Change Today -0.90p
% Change -0.32 %
52 Week High 334.60p
52 Week Low 203.00p
Volume 4,446,065
Shares Issued 1,940.03m
Market Cap £5,395m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.57% above the market average17.57% above the market average17.57% above the market average17.57% above the market average17.57% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
32.69% above the market average32.69% above the market average32.69% above the market average32.69% above the market average32.69% above the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Income
67.22% above the market average67.22% above the market average67.22% above the market average67.22% above the market average67.22% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
38.60% above the market average38.60% above the market average38.60% above the market average38.60% above the market average38.60% above the market average
4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 10
Sell 5
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kingfisher Dividends

  Latest Previous
  Interim Final
Ex-Div 06-Oct-22 19-May-22
Paid 11-Nov-22 27-Jun-22
Amount 3.80p 8.60p

Trades for 01-Feb-2023

Time Volume / Share Price
16:45 550 @ 279.00p
16:45 550 @ 279.00p
16:35 2,839,376 @ 278.10p
16:35 15,699 @ 278.10p
16:35 1,750 @ 278.10p

Kingfisher Key Personnel

Chair Andrew Cosslett
CEO Thierry Garnier
CFO Bernard Bot

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