Kingfisher squeezes out a little bit extra

Do-it-yourself retail leviathan Kingfisher has revealed details of the next phase of its 'Creating the leader' strategic initiative after announcing results a smidgen above market expectations.

Do-it-yourself retail leviathan Kingfisher has revealed details of the next phase of its 'Creating the leader' strategic initiative after announcing results a smidgen above market expectations.

Sales in the year to January 31st rose 3.6%, or 3.3% on a constant currency basis, to £10,831m from £10,450m the year before. Like-for-like (LFL) sales were up 1.3%. The market had been expecting turnover of £10.8bn.

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