P204 CEEFAX 204 Wed 13 Sep 19:22/20
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n1n1 |.% B&Q FAILS TO SPOIL
/.%/.%/, /,$ KINGFISHER FIGURES
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Kingfisher's hugely profitable B&Q DIY
stores chain proved an exception to the
usual rule in this year's first half.
B&Q saw operating profit dive to £31.8m
from £44.5m last time on sales up 1.4%
on a like-for-like basis at £657.1m.
For Kingfisher's chairman, Sir Geoffrey
Mulcahy, the important thing was B&Q's
success in increasing its leading share
of the market "in both the first and
second quarters".
He also streesed the double-digit like-
for-like sales growth achieved at B&Q
Warehouses, its DIY superstores.
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