Kingfisher shares slump on restructuring costs and weak sales in France
B&Q owner says five-year restructuring plan remains on track.
Kingfisher reports 1.8% increase in third-quarter sales
Sales at Screwfix jump 12.7% in the three months to 31 October.
Kingfisher's sales grow in line with expectations despite B&Q closures
B&Q owner posts 3.6% increase in like-for-like sales, driven by strong performance in the UK and Poland.
Market round-up: FTSE edges higher as strong earnings offset oil price decline
FTSE and European markets struggle for direction as decline in oil prices drags energy stocks in the red.
B&Q owner Kingfisher profit drops but Veronique Laury's turnaround is on track
On an adjusted basis, pre-tax profit edged up by 0.3% to £686m, comfortably beating expectations.
Kingfisher: Screwfix operations continue to save B&Q owner as sales fall
B&Q store closures are still going ahead as 200 Screwfix stores will be opened.
Kingfisher presses ahead with B&Q store closures but opens 200 more Screwfix branches
Like-for-like sales at Kingfisher, led by female CEO Veronique Laury, were up 2% to £5.38bn (€7.34bn, $8.29).
