Kingfisher: Another strong quarter

Kingfisher’s Home Improvement business grew total sales in the first quarter to 3 May 2003 by 17 per cent, up 6.5 per cent on a like-for-like basis. Strong like-for-like growth was achieved in the UK, France, Italy and China. Reported retail profit was up nearly 30 per cent to £132 million (€183 million. Excluding the effect of currency translation gains, retail profit was ahead 26 per cent