It’s a formidable refurbishment plan with grand ambitions and so the key question investors will be asking themselves about Kingfisher's (KGF) mooted rejuvenation is: Can the company do it?
IC TIP:
Hold
at
313p
The market’s initial reaction to the unveiling of the financial particulars behind the previously outlined strategy suggests pessimism – whether this is a healthy dose or a step too far depends whether you think management can achieve its aims.