Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

241.20p
   
  • Change Today:
      1.90p
  • 52 Week High: 356.00
  • 52 Week Low: 203.00
  • Currency: UK Pounds
  • Shares Issued: 1,950.46m
  • Volume: 996,030
  • Market Cap: £4,704.52m
  • RiskGrade: 158

Kingfisher secures new £550.0m revolving credit facility agreement

By Iain Gilbert

Date: Wednesday 02 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Home improvement retailer Kingfisher has entered into a £550.0m three-year revolving credit facility agreement with a group of its banks.
Kingfisher said on Wednesday that under the terms of its new credit facility agreement, which has a duration of three years and the possibility of two one-year extensions, it would benefit from a lower interest rate if it can deliver specific targets related to its "ambitious" responsible business plan.

The FTSE 100-listed group stated the linked targets would see it help to tackle climate change, create more forests than what it uses and fight to fix bad housing.

Kingfisher also added that its new credit facility replaced two existing facilities - a £225.0m one expiring in March 2022 and a £550.0m one, most of which expires in August 2023.

Chief financial officer Bernard Bot said: "This revolving credit facility shows our commitment to integrate our responsible business principles into all aspects of our business. Our responsible business plan is an integral part of our Powered by Kingfisher strategy and this facility links our ambitious sustainability and community targets with our financing activities."

As of 0810 BST, Kingfisher shares were down 0.42% at 359.90p.

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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 241.20p
Change Today 1.90p
% Change 0.79 %
52 Week High 356.00
52 Week Low 203.00
Volume 996,030
Shares Issued 1,950.46m
Market Cap £4,704.52m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.48% above the market average27.48% above the market average27.48% above the market average27.48% above the market average27.48% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Price Trend
18.19% below the market average18.19% below the market average18.19% below the market average18.19% below the market average18.19% below the market average
40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average
Income
73.44% above the market average73.44% above the market average73.44% above the market average73.44% above the market average73.44% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Growth
42.22% above the market average42.22% above the market average42.22% above the market average42.22% above the market average42.22% above the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 10
Sell 5
Strong Sell 2
Total 19
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 09-Dec-2022

Time Volume / Share Price
13:23 55 @ 241.20p
13:23 274 @ 241.20p
13:23 201 @ 241.20p
13:23 63 @ 241.20p
13:23 42 @ 241.20p

Kingfisher Key Personnel

Chair Andrew Cosslett
CEO Thierry Garnier
CFO Bernard Bot

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