Whilst these are the toughest markets Kingfisher has faced in many years, particularly in the UK, BQ UK and Castorama France are acting to drive sales and improve cost productivity.
More Quotes from Gerry Murphy:
You can't just sit and wait for the market to come back to you.Gerry Murphy
The UK home improvement market remains depressed and price competitive.
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We don't think anyone expected this, but this is a highly-geared business with its high fixed cost base.
Gerry Murphy
Strong performances in continental Europe and Asia were more than offset by a sharp downturn in home-related spending in the UK, presenting BQ with its toughest trading environment for many years.
Gerry Murphy
It's great the club is gaining recognition at this level and it's a brilliant way for Tom to round off an outstanding season.
Gerry Murphy
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