Soggy sales figures at Kingfisher – MoneyWeek – bte365官网地址_国外线上博彩_365bet备用网址一

Totalsalesinthe13weekstoApril28thweredown3。

6%,or1。

3%onaconstantcurrency(CC)basis,fromayearearlierat£2,632m,aspoorweatheracrossEuropeaffectedfootfall。

Like-for-like(LFL)salesweredown4。

8%onaCCbasis。

TheperformancewasslightlybetterthanbrokerJefferieshadbeenexpecting;theUSbrokerhadforecastfirstquartersaleswouldbedownbyalmost4%year-on-year,ordown2%onCCbasis。

Retailprofitfell8。

6%,or5。

5%onaCCbasis,to£160m。

TheUKIreland,asexpected,letthesidedownabit,withsalesoff7。

0%(CC:-6。

9%)at£1,105m。

LFLsalesweredown10。

4%fortheBQowner,abetterperformancethanthe11%declinepredictedbyPanmureGordon。

RetailprofitintheUKIrelanddeclined9。

8%to£75m。

InFrance,salesweredown1。

8%at£1,089mbutup2。

2%onaCCbasis,andup0。

7%onaLFLbasis。

Again,thiswasabettershowingthanPanmureGordonhadbeenanticipating,thebrokerhavingforecastaLFLdeclineofaround1%。

RetailprofitinFrancewasup0。

1%(CC:+4。

2%)。

ThegroupsaidthatsalesandprofitwereaffectedbyrecordadverseweatherintheUKandacrosscontinentalEurope,compoundedbythecomparisonwithafavourablefirstquarterthistimelastyear。

Seasonalsalesacrossthegroupweredown22%,dentingprofitbyaround£29m,buton-goinggrossmarginandcostinitiativeshelpedlimitthefirstquarteroverallprofitdecline。

Weanticipatedthefirstquarterwouldbechallenging,comparedwithlastyearsstronggrowthwhichwasboostedbyfavourablespringweatherandpublicholidays,butanextremelywetAprilthisyearintheUKandFrancecompoundedthedifficulty,adverselyimpactingsalesofoutdoorandseasonalcategories,saidIanCheshire,KingfishersGroupChiefExecutive。

Netcashattheendofthereportingperiodwas£165m,downfromnetcashof£283mayearearlier。

Withthefirstquartertypicallyoneoftheleastsignificantoftheyearandwiththekeysummerseasonstillaheadofus,weremainconfidentthatwearewellpreparedtocapitaliseonanyimprovementinconditionsanddeliverasolidfullyearresult,Cheshiresaid。

JH


狗万体育下载_狗万app叫什么名字_狗万滚球手机版