Castorama under-performed the (flat) French DIY market by 7% in this quarter. That really is poor for a market leading business. We do not have any sense of control in Castorama. We believe that turning Castorama around is now likely to become more of a priority than implementing the One Kingfisher plan to completion.
21 Nov 2018
Too much pressure for financial performance
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Too much pressure for financial performance
Kingfisher Plc (KGF:LON) | 250 8.5 1.4% | Mkt Cap: 4,681m
- Published:
21 Nov 2018 -
Author:
Tony Shiret -
Pages:
8
Castorama under-performed the (flat) French DIY market by 7% in this quarter. That really is poor for a market leading business. We do not have any sense of control in Castorama. We believe that turning Castorama around is now likely to become more of a priority than implementing the One Kingfisher plan to completion.