Kingfisher Profits Slump 39% As Retailer Suffers Following Covid Reopening
Profits at home improvement retailer Kingfisher slumped in its last fiscal year following the end of Covid-19 lockdowns. At £611 million, pre-tax profits fell 39.3% year on year during the 12 months to January. Adjusted profit at the FTSE 100 firm dropped 20.2% to £758 million, although this was…
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