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Nothing to hide here : Inside the world s largest arms fair in the heart of London -- Society s Child -- Sott net
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Nothing to hide : Inside the world s largest arm
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Investegate |BAE SYSTEMS PLC Announcements | BAE SYSTEMS PLC: Directorate Change
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Single family surge shows no signs of slowing in Brunswick County
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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.