Kingfisher plc. - Coronavirus (COVID-19) Company Impact

Kingfisher plc. - Coronavirus (COVID-19) Company Impact

  • June 2020 •
  • 19 pages •
  • Report ID: 5952166 •
  • Format: PDF
Kingfisher plc. - Coronavirus (COVID-19) Company Impact

Summary
The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact Kingfisher plc.’s performance.

The Kingfisher plc. group is expected to have a challenging 2020 due to prolonged store closures and a softening in demand in Europe.

The group’s improved sales in May 2020 and a rise in online sales in April 2020 provided some positivity

Scope
- Kingfisher is expected to have a challenging 2020, with revenue forecast to decline 12.6% to US$14.1 billion.
- A concentrated geographical spread, together with the lack of a diverse business portfolio, will lead to significant business losses for Kingfisher plc.

Reasons to Buy
- Use our revised 2020 forecast for Kingfisher plc. to understand how it will perform this year.
- Use our charts to review how Kingfisher plc.’s sales are split by region globally and how these regions have been impacted by COVID-19.
- Use our in-depth analysis to review how Kingfisher plc. has responded to COVID-19 and how this will affect its performance.
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