Kingfisher shares climb on strong H1 results, upgraded outlook By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2024
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Source: Investing.com
Kingfisher plc's Financial Performance: Kingfisher plc shares rose 6.6% after reporting a PBT of £334 million for the first half of 2025, exceeding expectations, despite a 2.4% decline in like-for-like sales year-on-year. The company has revised its full-year adjusted PBT guidance upwards to between £510 million and £550 million.
E-commerce Growth and Future Outlook: The company's e-commerce division saw an 80% increase in gross merchandise value, with sales penetration rising to 18.3%. Analysts noted potential risks and opportunities for the stock, including consumer confidence and competition dynamics.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
