Kingfisher Shares Drop on Cost to Implement Strategy RevampBy
Retailer sees 500 million-pound boost to annual pretax profit
Strategic plan to result in charge of 800 million pounds
Kingfisher Plc shares fell after Europe’s largest home-improvement retailer revealed that a five-year plan to boost profit will come at a cost to short-term earnings.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.