Kingfisher plc (KGF.L) said its first half performance was in line with expectations with total sales declining 2.8% in constant currency and like-for-like sales down 4.1% from prior year. The Group noted that its like-for-like sales were 16.6% ahead of pre-pandemic levels with a sequential improvement from first quarter to second quarter.
Thierry Garnier, CEO, said: "Looking to the months ahead, although trading in the year to date has been in line with our expectations, we remain vigilant against the more uncertain economic outlook for the second half."
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