stagnating

Kingfisher takes massive hit to profits from stagnating demand

Slowdown: Screwfix owner Kingfisher revealed that retail profit fell 27.7 per cent year-on-year to £555m for the first six months ending July 31

Kingfisher profits plunge as Screwfix and B&Q owner struggles under stagnant demand and economic uncertainty Kingfisher revealed that retail profits fell 27.7% year-on-year to £555m Online revenues fell due to the absence of commercial restrictions in stores Earnings in the... Read more

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