Insight Report 3 minutes PremiumKingfisher (LSE: KGF) FY17 Results: Profits Jump Against Weak Comparatives Coresight Research March 23, 2017 Executive Summary UK-based DIY giant Kingfisher reported a 7.5% jump in FY17 statutory total sales, helped by the depreciation of the British pound. On an adjusted and constantcurrency basis, total sales were up 1.7%. FY17 revenues of £11,225 million were marginally ahead of consensus of £11,207 million. Due to exceptional restructuring costs in the prior year, operating profit jumped 47%. Underlying basis EPS climbed 17.7% to 25.9 pence and beat expectations. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 30: US Openings Up 7%Consumers Optimistic About the Economy But Inflation Concerns Persist: US Consumer Survey Insights 2023, Week 47Retail Shrink and ORC: US Small Business Owners’ Perspectives on Retail Theft, Plus New Measures To Combat Theft in New York, the UK and AustraliaHoliday 2023: Social Media Strategies—Shoppable Posts and Creator-Generated Content Can Drive Conversion
