Business
Half Year Results - (Part 1 of 2)
Half Year Results - (Part 1 of 2).
About this update from Kingfisher Plc
[{"type":"text","content":"\n \n \n \n Half year results for the six months ended 31 July 2022 (unaudited)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Financial summary\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n % Total Change\n \n \n \n \n \n \n % Total Change\n \n \n \n \n \n \n % LFL* Change\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 2022/23\n \n \n \n \n \n \n 2021/22\n \n \n \n \n \n \n Reported\n \n \n \n \n \n \n Constant currency*\n \n \n \n \n \n \n Constant currency\n \n \n \n \n \n \n \n Sales\n \n \n \n \n £6,809m\n \n \n \n \n £7,101m\n \n \n \n \n (4.1)%\n \n \n \n \n (2.8)%\n \n \n \n \n (4.1)%\n \n \n \n \n \n \n Gross profit\n \n \n \n \n £2,496m\n \n \n \n \n £2,697m\n \n \n \n \n (7.4)%\n \n \n \n \n (6.3)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Gross margin %*\n \n \n \n \n 36.7%\n \n \n \n \n 38.0%\n \n \n \n \n (130)bps\n \n \n \n \n (130)bps\n \n \n \n \n \n \n \n \n \n \n \n \n \n Operating profit\n \n \n \n \n £531m\n \n \n \n \n £747m\n \n \n \n \n (29.1)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory pre-tax profit\n \n \n \n \n £474m\n \n \n \n \n £677m\n \n \n \n \n (30.0)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory post-tax profit\n \n \n \n \n £373m\n \n \n \n \n £556m\n \n \n \n \n (32.9)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory basic EPS\n \n \n \n \n 18.6p\n \n \n \n \n 26.4p\n \n \n \n \n (29.8)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net (decrease)/increase in cash±\n \n \n \n \n £(329)m\n \n \n \n \n £444m\n \n \n \n \n n/a\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Interim dividend\n \n \n \n \n 3.80p\n \n \n \n \n 3.80p\n \n \n \n \n -\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted metrics\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Retail profit*\n \n \n \n \n £555m\n \n \n \n \n £767m\n \n \n \n \n (27.7)%\n \n \n \n \n (27.1)%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Retail profit margin %*\n \n \n \n \n 8.2%\n \n \n \n \n 10.8%\n \n \n \n \n (260)bps\n \n \n \n \n (270)bps\n \n \n \n \n \n \n \n \n \n \n \n \...