Kingfisher Pledge On Profits After Sales Leap

Summary


SHARES in BQ DIY group Kingfisher jumped 83/4p to 306p today as it cheered investors with news of stronger than expected fourth- quarter sales and promised full-year profits at the top end of forecasts.

Chief executive Gerry Murphy reported like-forlike growth of 4.5% in the 13 weeks to 31 January, against market forecasts of around 3%, taking the 12-month increase to 5.1%.

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Extract


Kingfisher Pledge On Profits After Sales Leap

He said: "This has been a go...

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