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25.11.24 - 12:49
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Positive outlook for European luxury, but polarisation continues - UBS (Reuters EN)
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LIVE MARKETS-Positive outlook for European luxury, but polarisation continues - UBS STOXX 600 flat Trump picks Bessent as Tsy Sec. UniCredit bids for Banco BPM Retail lags after Kingfisher update Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com POSITIVE OUTLOOK FOR EUROPEAN LUXURY, BUT POLARISATION CONTINUES - UBS UBS European luxury analysts are back from a...
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25.11.24 - 11:55
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UK′s Kingfisher bottoms STOXX 600 after tightening annual profit outlook (Reuters EN)
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BUZZ-UK's Kingfisher bottoms STOXX 600 after tightening annual profit outlook Updates with share move, milestone, analyst comments ** Shares of European home improvement retailer Kingfisher KGF.L slump 12.6% to 257.6p, its lowest level since July 10, 2024 ** Stock top pct loser on FTSE 100 index .FTSE which is up 0.4%, and bottom of STOXX 600 .STOX...
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25.11.24 - 09:38
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UK′s Kingfisher bottoms FTSE 100 after tightening annual profit outlook (Reuters EN)
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BUZZ-UK's Kingfisher bottoms FTSE 100 after tightening annual profit outlook ** Shares of European home improvement retailer Kingfisher KGF.L down 10.3% at 264.5p, its lowest level since Aug 5, 2024 ** Stock top pct loser on the FTSE 100 index .FTSE which is up 0.4% ** Co lowers the top end of its annual PBT outlook to 510 mln pounds-540 mln pounds...
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25.11.24 - 08:33
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Kingfisher lowers top end of annual profit forecast on weak October trading (Reuters EN)
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UPDATE 1-Kingfisher lowers top end of annual profit forecast on weak October trading Adds detail paragraphs 2 to 6 LONDON, Nov 25 (Reuters) - European home improvement retailer Kingfisher KGF.L lowered the top end of its annual profit outlook as it reported a 1.1% fall in underlying sales for its third quarter, reflecting a weak market and consumer in the UK and France in October....
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25.11.24 - 08:33
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Kingfisher Tightens Annual Profit Outlook To 510-540 Mln Stg (Reuters EN)
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BRIEF-Kingfisher Tightens Annual Profit Outlook To 510-540 Mln Stg Nov 25 (Reuters) - Kingfisher PLC KGF.L : Q3 TRADING UPDATE Q3 SALES £3.2 BILLION, TOTAL SALES FLAT EXPECTS £120M STRUCTURAL COST REDUCTIONS FOR FULL YEAR TIGHTENS FULL YEAR PROFIT GUIDANCE TO £510M-£540M UK NATIONAL INSURANCE CONTRIBUTIONS IMPACT EXPECTED TO BE £31M IN FY 25/2...
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