Kingfisher Maintains Steady Profit Despite Sales Dip
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Kingfisher Maintains Steady Profit Despite Sales Dip

Kingfisher (GB:KGF) has released an update.

Kingfisher PLC reported a slight decrease in sales for the half year ended 31 July 2024, with total sales dropping from £6,880 million the previous year to £6,756 million. Despite the sales dip, profit for the period remained steady at £237 million, matching the prior year’s figures. The company has proposed maintaining its interim ordinary dividend at 3.80p per share, consistent with the previous year.

For further insights into GB:KGF stock, check out TipRanks’ Stock Analysis page.

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