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LONDON BRIEFING: Kingfisher and easyJet show contrast in Covid impact

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.

Investegate |Highcroft Invs PLC Announcements | Highcroft Invs PLC: Results of the Annual General Meeting

Investegate |Highcroft Invs PLC Announcements | Highcroft Invs PLC: Results of the Annual General Meeting
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Investegate |Highcroft Invs PLC Announcements | Highcroft Invs PLC: Incentive Plan Share Award, PDMR Dealing and TVR

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Highcroft Investments net assets fall on pandemic-led hit to property portfolio

A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;

Investegate |Highcroft Invs PLC Announcements | Highcroft Invs PLC: Notification in accordance with LR 9 6 11

Investegate |Highcroft Invs PLC Announcements | Highcroft Invs PLC: Notification in accordance with LR 9 6 11
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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