(RTTNews) - Home improvement retailer Kingfisher PLC (KGF.L) reported Tuesday higher profit in its first half of fiscal 2027 with margin expansion, cost control as well as slightly higher sales and like-for-like sales. Looking ahead, the retailer upgraded its fiscal 2027 guidance, raising adjusted pre-tax profit to a range of £595 million to £635 million from a previous range of £565 million to £625 million. Free cash flow guidance was also raised to £480 million to £520 million from £450 million to £510 million previously. Further, Kingfisher said its £300 million share buyback program continues, with £125 million purchased to date. The company is commencing the third tranche of £50 million this week, expected to be completed by December.
Wir zeigen den wichtigsten Punkt oeffentlich. Erstellen Sie ein kostenloses Konto, um den vollstaendigen Artikel zu lesen, ihn zu speichern, zu diskutieren und mit Markt- und OSINT-Kontext zu verbinden.