A director at Kingfisher bought 15,000 shares at 323p and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...
Kingfisher’s 3Q26 sales growth of 1.0%, including LFL +0.9%, was better than expected and driven by market share gains in UK. In addition, the group’s investments in e-commerce and trade continued to deliver double digit growth across the group as self-help actions helped offset soft markets, particularly in France and Poland. Building on the strong profit performance in H126, management has upgraded FY26E Adj. PBT guidance again, to £540m-£570m. We raise our FY26E by 3.3% to £555m and maintain...
Kingfisher’s better than expected H126 results reflect the success of its trade and e-commerce growth initiatives along with increased big-ticket spending in Q2. Although management has raised FY26E Adj. PBT and free cashflow guidance, there is a degree of macro-economic caution embedded into implied H226 profits. We raise Adj. EPS by 6% for FY26E and 2% for FY27E and see scope for further upgrades if sales trends continue to improve. We raise our FV from 355p to 365p, equivalent to 14x cal 2026...
Kingfisher’s strong Q126 sales growth of 1.6% (+3.1% ex calendar and FX, 2.7% LFL), beat consensus estimates by c.1.5% as B&Q led with nearly 8% LFL sales growth. The warm and sunny weather over the late Easter holiday drove seasonal sales (e.g. outdoor and gardening) and encouraged “big-ticket” projects. Some of this spend is likely to have pulled-forward demand from 2Q26 hence there is no change to management’s FY26E guidance of £480m-£540m Adj. PBT at this stage. However, with market share g...
Kingfisher is primed, ready for a recovery in “big-ticket” spending. However, management’s understandably cautious guidance range for FY26E Adj. PBT has led the stock to give up its YTD gains. We believe this enhances Kingfisher’s value attractions. Kingfisher’s FY25 results illustrated that management’s strategy to grow trade penetration and e-commerce sales is driving market share gains in the UK & Ireland, France and Poland. Over the next three years we forecast c.36% growth in Adj. PBT and...
Kingfisher is an industry-leading home improvement retailer that is primed, ready for a recovery in “big-ticket” spending. We review management’s strategy to grow sales and profit margins in the medium term. We believe that Kingfisher’s resilience in the UK is due to the successful execution of its expansion strategy into trade, online and smaller stores (among other things). By serving more customers, in more convenient ways, Kingfisher has grown UK market share and we anticipate the roll out ...
Moody's Ratings (Moody's) has withdrawn the (P)Baa2 senior unsecured EMTN Programme ratings and (P)P-2 other short term ratings of UK-based international home improvement company Kingfisher plc. The outlook prior to the withdrawal was stable. RATINGS RATIONALE Moody's has decided to withdr...
Moody's Ratings (Moody's) has today affirmed Kingfisher plc's (Kingfisher) (P)Baa2 long term senior unsecured EMTN Programme ratings and (P)P-2 other short term ratings. The outlook remains stable. Today's rating action reflects: • The company's resilient performance in fiscal 2024 ended 31 Janua...
Summary Marketline's Grafton Group plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Grafton Group plc - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Kingfisher plc. Global Credit Research- 24 Feb 2022. London, 24 February 2022-- Moody's Investors Service has completed a periodic review of the ratings of Kingfisher plc and other ratings that are associated with the same analytical unit.
The independent financial analyst theScreener just lowered the general evaluation of KINGFISHER PLC. (GB), active in the Home Improvement Retailers industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date January 14, 2022, the closing price ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Kingfisher plc. Global Credit Research- 13 Apr 2021. London, 13 April 2021-- Moody's Investors Service has completed a periodic review of the ratings of Kingfisher plc and other ratings that are associated with the same analytical unit.
Rating Action: Moody's affirms Kingfisher plc's Baa2 ratings; outlook stable. Global Credit Research- 09 Apr 2021. London, 09 April 2021-- Moody's Investors Service has today affirmed Kingfisher plc's Baa2 long term senior unsecured EMTN Programme ratings, P-2 commercial paper and P-2 other short term ratings.
Correction Lows Established -- Add Broad Exposure Key $70 support on the MSCI ACWI (ACWI-US) held strong last week, and ACWI-US is now inflecting topside its bullish falling wedge pattern. This bullish price action combined with market dynamics which remain mostly healthy lead us to believe the lows of this recent correction are in. · Key Levels On MSCI ACWI & EM Indexes. Key support levels to watch moving forward include $70 on ACWI-US and $42.30 on EEM-US; if these support levels hol...
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