Kingfisher Flies 19% Higher As Profits Estimates Hiked
Forbes·2025-09-23 08:25
Photo by Steve Aland/Construction Photography/Avalon/Getty ImagesGetty ImagesKingfisher shares soared following a strong first-half trading update, in which the DIY retailer raised its full-year profits forecasts.At 299.5p per share, the Kingfisher share price was last 18.8% higher in Tuesday business.The FTSE 100 company said total sales were £6.8 billion in the six months to July, up 0.8% year on year or 1.3% on a like-for-like basis.Kingfisher said it enjoyed market share gains in the UK, France and Spai ...