NORMA reports growth in first 9 months of 2016
Sales and earnings grew for NORMA Group from January-September 2016. Sales rose 1% at €679.4 million compared like-for-like with the same period in 2015 (€672.6 million). Organic growth was higher, at 1.9%, but reduced by 0.9% thanks to negative currency effects. Adjusted EBITA was up 1.6% to €122.6 million (2015: €120.6m). Q3 sales actually declined […]
Screwfix and B&Q owner seeking new London HQ
Ahead of the publication of its first half year results for 2016, Kingfisher is reportedly seeking a new large London HQ. It is being widely reported in the press that Kingfisher, owner of two of the UK’s largest DIY and hardware retail empires – B&Q and Screwfix – is searching for a 300,000 sq ft […]