Wednesday, March 23, 2016

Kingfisher Stock Up As Retail Profit Rises, Lifts Dividend; Warns On France

Shares of Kingfisher Plc. (KGF.L) gained around 3 percent in London trading after the European home improvement retailer lifted its fiscal 2015 dividend on Wednesday after reporting higher retail profit in its fiscal 2015 even as pre-tax profit and sales were lower mainly due to weakness in France.

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