Kingfisher PLC

KGF: XLON (GBR)
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Kingfisher: Third Quarter Better Than Feared, but Budget Uncertainty Threatens Fourth Quarter

Kingfisher reported a trading update for the period to Oct 31. Overall, this was a good set of results. The UK and Ireland region continued to surprise positively, but hints of a softening labor market and uncertainty with regard to the autumn budget keep us wary.

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