Royal gnomes add a regal touch to Jubilee for Kingfisher
Kingfisher, the owner of the DIY chain B&Q, is hoping for a regal boost to its spring sales from Diamond Jubilee gnomes, after growing its annual profits by more than a fifth.
The group is to start selling the pair of gnomes of the Queen and Duke of Edinburgh for £20 from May. Ian Cheshire, the chief executive of Kingfisher, which has more than 850 stores in eight countries from China to Turkey, said: "It is a bit of fun to celebrate that this summer should be slightly more cheerful."
Kingfisher grew its pre-tax profits by 20.4 per cent to £807m over the year to 28 January, with its two biggest operations in France and the UK contributing to the bottom line. The group's total sales rose by 3.6 per cent to £10.83bn.
The group's management team will get a bumper payout after Kingfisher surpassed its performance share plan's two main targets relating to earnings per share and total shareholder return over the past four years.
This included more than doubling its market capitalisation to £7.19bn.
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
iJobs Money & Business
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...
$125 - $225 per annum: Carlton Senior Appointments: San Fran - Investment Advi...
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...