Kingfisher shares up on revamp plan
- 31 March 2015
- From the section Business
(Open): Shares in Kingfisher led the FTSE 100 higher after it announced plans to close about 60 B&Q stores over the next two years.
The FTSE 100 index rose 6.90 points to 6,898.33.
Outsourcing firm Mitie fell 5.9% after it issued a profit warning.
The company said that due to "market pressures in the homecare and social housing businesses we expect our full year headline operating profit to be slightly below current market expectations".
Thomas Cook shares rose 2.3% after the travel firm said it was on track to meet full-year forecasts, helped by strong winter bookings.