City fishes for clues in Kingfisher figures
Sunday 29 May 2011
B&Q-owner Kingfisher is under the spotlight this week, with city-watchers looking for clues on consumer demand from the group's first-quarter figures. B&Q is expected to see like-for-like sales grow around 1.5 per cent, with France expected to be the major cause of that growth.
Analysts at Citi expect Kingfisher's earnings before interest and taxation to be up 18 per cent year-on-year to £172m. Online fashion retailer Asos releases full-year figures on Thursday.
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