Kingfisher to return cash to investors following robust results


(MENAFN) Europe"s largest home-improvements retailer, Kingfisher, announced that it will return cash to shareholders, The Peninsula Qatar reported



The UK-based retailer came to the decision following annual profits increasing by 25 percent, sending share price up.



The company said that it would return USD330 million to investors in its current financial year



The group's net profit soared 25.9 percent in the 2013\2014 financial year, hitting USD1.17 billion


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