Kingfisher (Financials)

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Kingfisher group sales dipped 0.9% to £13,059m in FY2022, with like-for-like sales down 2.1% against “strong prior year comparatives linked to high demand for home improvement products”. Group operating profit slumped 39.3% to £723m, with operating margin reduced by more than two full points to 5.5%.

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