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Kingfisher now to remain in Spain and Portugal

Kingfisher has reversed its decision from November 2018 to leave Spain and Portugal.

Kingfisher has reversed its decision from November 2018 to leave Spain and Portugal.

Kingfisher has reversed its decision from November 2018 to leave Spain and Portugal. The full year results of financial year 2019/2020 state: "We have reviewed the original decision to exit Iberia and believe we can build a profitable, sustainable business under the Brico Dépôt banner. In normal business conditions, the business is profitable and not a burden on group resources (capital or management)." In contrast, the British DIY group maintains its decision to withdraw from Russia.




|24 June 2020 | 10:43

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