Kingfisher sets stage for new CEO

Kingfisher sets stage for new CEO

This set of half-year results will be the last under Véronique Laury as chief executive of Kingfisher (KGF). She will be replaced next week by Thierry Garnier. Investors in Kingfisher are likely to welcome a fresh perspective on the home improvements products provider, as pre-tax profits fell 12.5 per cent to £245m during the period, with growth in Screwfix and Poland and Romania not fully compensating for declines in B&Q and France. 

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