Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

248.90p
   
  • Change Today:
    -4.00p
  • 52 Week High: 270.40p
  • 52 Week Low: 201.20p
  • Currency: UK Pounds
  • Shares Issued: 1,855.34m
  • Volume: 12,008,805
  • Market Cap: £4,617.95m
  • 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 248.90p
Change Today -4.00p
% Change -1.58 %
52 Week High 270.40p
52 Week Low 201.20p
Volume 12,008,805
Shares Issued 1,855.34m
Market Cap £4,617.95m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.21% above the market average81.21% above the market average81.21% above the market average81.21% above the market average81.21% above the market average
64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average64.10% above the sector average
Price Trend
37.91% above the market average37.91% above the market average37.91% above the market average37.91% above the market average37.91% above the market average
45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average
Income
52.21% above the market average52.21% above the market average52.21% above the market average52.21% above the market average52.21% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
93.99% below the market average93.99% below the market average93.99% below the market average93.99% below the market average93.99% below the market average
85% below the sector average85% below the sector average85% below the sector average85% below the sector average85% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 5
Sell 3
Strong Sell 1
Total 13
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
  Final Interim
Ex-Div 16-May-24 12-Oct-23
Paid 25-Jun-24 17-Nov-23
Amount 8.60p 3.80p

Trades for 21-Jun-2024

Time Volume / Share Price
17:03 55,046 @ 252.19p
17:03 55,046 @ 252.14p
17:03 81,748 @ 252.19p
17:03 81,748 @ 252.14p
16:43 70,051 @ 248.90p

Kingfisher Key Personnel

Chair Claudia Arney
CEO Thierry Garnier
CFO Bernard Bot

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