Wet weather dampens Kingfisher's annual results

Home improvement retailer Kingfisher posted a fall in annual pre-tax profit Tuesday in line with market expectations as wet weather in the UK dampened sales.

Home improvement retailer Kingfisher posted a fall in annual pre-tax profit Tuesday in line with market expectations as wet weather in the UK dampened sales.

Profit before tax came to £715m for the 2012/13 period, an 11.4% plunge from the previous year's £807m.

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