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Kingfisher still taking bashing from Thursday s statement A look at Friday s major share movers on the London Stock Exchange Kingfisher PLC (LON:KGF) lost 5% to 356.8p as it was still taking a bashing from Thursday s first-quarter trading statement that was not quite strong enough to keep the share price momentum going. Like-for-like (LFL) sales in the three months ended April 30 were up 64.2% year-on-year, with a strong performance in the UK and France, despite COVID-related restrictions affecting its French outlets through most of the quarter. The company raised the LFL sales outlook for the first half of the current fiscal year, with the company now expecting the growth rate to be in the mid-to-high teens, up from previous expectations of a low double-digit percentage increase. Guidance for the second half of the financial year has been left unchanged. ....
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Three firms battling to win £2bn waste to energy plant contract near Redcar One of of the firms will be chosen to design, build and operate the plant which will be built near Redcar and take household waste from seven North-East councils 09:14, 15 DEC 2020 Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Three firms are in the running to win a contract to operate a huge new energy plant which will take household waste from seven North-East councils. ....
hree firms battling to win £2bn household waste to energy plant contract THREE firms are in the running to win a contract to operate a huge new energy plant which will take household waste from seven North-East councils. The plant, which is expected to be built on a 25 acre site near Redcar, will take up to 450,000 tonnes of solid waste a year which cannot be recycled, diverting it from landfill, and creating renewable energy and heat from it. The five Tees Valley councils – Darlington, Hartlepool, Middlesbrough, Redcar and Cleveland and Stockton, along with Durham County Council and Newcastle City Council have joined together to create an opportunity for a contractor to design, build, operate and finance the energy recovery facility. ....