Kingfisher/B&Q profits beat estimates

Shares in home improvement retail chain Kingfisher, which owns B&Q, have surged after the company reported better than expected profits in the third quarter of 2011.

1st December, 2011
Kingfisher/B&Q profits beat estimates
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Shares in home improvement retail chain Kingfisher, which owns B&Q, have surged after the company reported better than expected profits in the third quarter of 2011.

Its British and Irish sales fell 0.7 per cent but French sales rose 1.9 per cent.

Retail profit rose 14 per cent.

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