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flag Kingfisher raised profit forecast to £540–570M on strong UK/Ireland sales and cost savings, despite weak demand.

flag Kingfisher raised its full-year pre-tax profit forecast to £540–£570 million, up from £480–£520 million, citing strong UK and Ireland sales growth, e-commerce performance, and cost savings, despite softer market conditions and weak seasonal demand. flag The company reported a 0.9% like-for-like sales increase, with UK and Ireland sales up 3%, driven by big-ticket items, trade customers, and the closure of Homebase stores. flag Shares rose 4.9% amid investor confidence in its strategic progress and margin management, though analysts note ongoing risks from economic uncertainty and underperforming French operations.

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