Kingfisher's adjusted first-half profit before tax rose 9.9 percent to 404 million pounds, and the company raised annual guidance to 595-635 million pounds, above its previous 540-600 million range. Retail Gazette confirmed the 404 million pound profit, the 9.9 percent rise and the decision to lift the outlook. The two accounts do not agree on sales, so the sales figure is left out.
The company raised annual guidance to 595-635 million pounds. Its updated profit range is above the previous guidance of 540-600 million pounds. Those bounds come from Kingfisher's own announcement. Retail Gazette confirms that guidance was raised, without being used here for the numeric range.[1]
Retail Gazette reported that Kingfisher raised its full-year profit outlook after adjusted first-half profit before tax rose 9.9 percent to 404 million pounds. The company also published sales and cash-flow figures in its announcement. Because the retail report's sales total does not match the company's, this account uses only the shared profit facts and the company's own guidance range.[2], [1]
