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B&Q owner Kingfisher reports 2016 results amid ambitious turnaround plan
It's been two years since Véronique Laury took the helm of Kingfisher so her restructuring efforts will be in the spotlight tomorrow with the company's 2016 results
Company
LON:KGF
Kingfisher is Europe's leading home improvement retail group and the third largest in the world, with leading market positions in the UK, France, Poland, Turkey and China.
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It's been two years since Véronique Laury took the helm of Kingfisher so her restructuring efforts will be in the spotlight tomorrow with the company's 2016 results
Investments and investor services
The druggies and miners were on offer early on – although the movements were barely perceptible on a lacklustre Monday morning.
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Week ahead: Next, Kingfisher, Smiths Group ,Satellite Solutions ...
A softening housing market in the UK and market share erosion in France suggest no upturn is in sight, according to Jefferies
Deutsche Bank says the B&Q and Screwfix owner is fairly valued
The DIY chain reported underlying sales up 1.8% to just under £3bn in the three ended October, which compared with a 3% increase the quarter before.
Investments and investor services
FTSE 100 shares ended higher on Tuesday thanks to a trio of miners, further lifted by Wall Street marking a flurry of record highs, and the Dow Jones Industrial Average spiking above 19,000 for the first time. The Dow hit a record 19,014.73
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
The new chancellor of the exchequer gets to set out his stall
DIY chain boosts first-half profits by 9% to £418mln
UK shares closed higher on Tuesday, extending gains from the previous session, while investors awaited the outcome of central bank meetings in Japan and the United States
A look at some of the firms reporting in the week commencing September 19
DIY retailer Kingfisher is set to report and although it is no longer predominantly a UK outfit, the subject of Brexit and its likely effect will be to the fore.
The dust is starting to settle after the EU referendum vote, which should mean companies can have a bit more confidence in forecasting the impact
Investments and investor services
Oil & gas companies rise as Third Energy gets go-ahead for North Yorkshire project
Investments and investor services
The Footsie rose 21 points to 6157.6 and small-caps also gained
DIY retailer's UK trade counter and Polish businesses were the first quarter top performers