Maj Nazir (Group Investor Relations Director) discusses KGF FY25 Results following their release in March: exploring the progress that the business is making in addressing the French operations and the march towards 5-7% retail margins. He also outlines the strength of their trade offering across both the UK (Tradepoint and Screwfix) as well as France and Poland.
Kingfisher is an international home improvement retailer with over 2,000 stores across eight European countries. The group operates multiple formats of different sizes as well as e-commerce channels. It is the market leader in the UK and Poland and second in France, serving both consumers and trade professionals. Approximately 45% of group sales are from their own exclusive brands, with online marketplaces offering over 1.5 million third-party products.
The full video has been divided into chapters, as below:
0:00:00 Welcome remarks
0:00:28 Introduction - Kingfisher investment thesis and strategic priorities
0:11:15 Financial results
0:14:52 Outlook & guidance
0:17:13 Strategy update
0:30:41 Summary
0:31:53 Question & Answers