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The High & Mighty of Nigeria s Stock Market
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EXECUTIVE CHANGES: IG taps US banker; Synthomer adds former BASF exec
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LONDON BRIEFING: Kingfisher and easyJet show contrast in Covid impact
Thu, 20th May 2021 08:21
(Alliance News) - DIY store chain Kingfisher on Thursday raised its profit guidance as the pandemic-spurred demand for home-improvement supplies continues.
The positive results contrasted starkly with those of low-cost airline easyJet, which also reported Thursday, showing the uneven economic impact of Covid-19. easyJet sank deeper into loss as it flew only 15% of its capacity due to government restrictions.
Kingfisher said it delivered strong sales growth in the first quarter, with positive momentum continuing into the second quarter.
For the three months to April 30, Kingfisher reported total group sales of GBP3.44 billion, up 64% on a like-for-like basis, supported by strong demand in the UK and France as well as continued e-commerce sales progress.
EXECUTIVE CHANGES: New Anpario board member Kate Allum to become chair
Mon, 19th Apr 2021 15:59
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:
Anpario PLC - Nottinghamshire-based manufacturer of natural sustainable animal feed additives - Peter Lawrence will retire as non-executive director at annual general meeting on June 17, with Kate Allum, a newly appointed non-executive director, to become the new chair. Allum, who joined the Anpario board at the start of February, was head of European Supply Chain at McDonald s Corp and also chief executive of First Milk, a UK farmer-owned dairy co-operative. Anpario also says Matthew Robinson will take over immediately as senior independent director from Richard Wood, who retired from the board on March 31.
UK Budget to dominate coming week alongside US non-farms; results eyed from insurers, bookmakers and housebuilders
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