LONDON (dpa-AFX) - Kingfisher plc (KGF.L) said, based on trading to date, the Group is comfortable with the top end of the range of current sell-side analyst estimates for fiscal year 20/21 adjusted profit before tax.
Fourth quarter Group like-for-like sales (to 9 January 2021) were up 16.9%, supported by e-commerce sales growth of over 150%. Financial year to date (1 February 2020 to 9 January 2021), Group like-for-like sales were up 6.5%.
Thierry Garnier, Chief Executive Officer, said: 'While the strength of our fourth quarter trading, to date, is reassuring, uncertainty over COVID-19 and the impact of lockdown restrictions in most of our markets continue to limit our visibility.'
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