B&Q owner Kingfisher shares fall as co warns of profit slump amid overhaul efforts

Kingfisher, the parent company of B&Q and Screwfix, has reported a significant decline in annual profits, plummeting by more than a quarter. The company issued a cautionary note, projecting another steep fall in earnings for the current year as it embarks on an overhaul of its French operations in a bid to rejuvenate its fortunes. […]