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Kingfisher's Castorama drama continues

New plan concocted in bid to boost profitability of underperforming French DIY chain
March 25, 2024
  • Adjusted pre-tax profit falls by a quarter
  • Free cash flow expected to weaken

There were a few signs of home improvements at Kingfisher (KGF), the DIY chain that owns the B&Q and Screwfix businesses in the UK, although its performance overseas dragged down its results.

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