21.05.2024 08:20:52 - dpa-AFX: Kingfisher: Q1 Trading In Line With Expectations; FY Guidance Unchanged

LONDON (dpa-AFX) - Kingfisher plc (KGF.L) posted first quarter sales of 3.3
billion pounds, up 0.3% in constant currency, and down 0.3% as reported. LFL
sales were down 0.9%, for the period.

The Group said its second quarter trading to date is in line with underlying
first quarter trends, with LFL sales down 2.5% for the three weeks to 18 May
2024.

Thierry Garnier, CEO, said: 'Trading in the first quarter has been in line with
our expectations. Looking forward, we confirm the guidance outlined in March for
the full year, including our expectations for the overall market in 2024.'

The Group continues to expect fiscal 24/25 adjusted profit before tax of
approximately 490 million pounds to 550 million pounds, and free cash flow of
approximately 350 million pounds to 410 million pounds.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KINGFISHER LS-,157142857 812861 Xetra 2,940 28.06.24 17:35:50 +0,006 +0,20% 0,000 0,000 2,950 2,940

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