LONDON–European home improvement retailer Kingfisher PLC (KGF.LN) on Tuesday said strong growth in the U.K. and Poland along with favorable exchange rate movements has led to a rise in first-half earnings.
“Performance has been driven by Poland and the U.K., especially Screwfix, and a stable profit performance in France,” Chief Executive Officer Veronique Laury said.
“In the U.K., the EU referendum has created uncertainty for the economic outlook, even though there has been no clear evidence of an impact on demand so far on our businesses. In France we remain cautious on the short term outlook,” Ms. Laury added.
The company, which owns the B&Q and Screwfix store chains in the U.K., made a pret…
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