AFP, London :
Europe’s biggest home-improvements retailer Kingfisher said Tuesday that third-quarter sales and profits sank, hit by tough trade in France and adverse foreign exchange moves.
Total sales fell 3.6 percent to 2.8 billion ($4.4 billion, 3.5 billion euros) in the 13 weeks to November 1, compared with a year earlier, Kingfisher said in a results statement.
Turnover tumbled 9.3 percent in France during the quarter, but increased by 4.8 percent in the United Kingdom and Ireland.
Europe’s biggest home-improvements retailer Kingfisher said Tuesday that third-quarter sales and profits sank, hit by tough trade in France and adverse foreign exchange moves.
Total sales fell 3.6 percent to 2.8 billion ($4.4 billion, 3.5 billion euros) in the 13 weeks to November 1, compared with a year earlier, Kingfisher said in a results statement.
Turnover tumbled 9.3 percent in France during the quarter, but increased by 4.8 percent in the United Kingdom and Ireland.
