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B&Q Shares Rocket After Results Beating Targets

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B&Q Shares Rocket After Results Beating Targets


pennysharesB&Q (owned by Kingfisher) shares jumped up 7% after results that sales have increased due to increased demand for home improvments and outdoor goods, which put a smile on investors.

Sales from the first quarter showed uk sales rose to £58m compared to £29m the year before.  The overall profits including firm Screwfix are up 89% to £61m in the quarter.

Sales of their outdoor items have soared 30% as more people are spending money on their houses as they save money and staying in and enjoying home comforts.  Also bathroom and bedroom sales were up aswell.

Shares were trading 14.5p ahead on 198.3p.

Brokers Views:

Buy: 5

Hold: 1

Sell: 0

Stock Market For Beginners

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Britains Richest Young People

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Britains Richest Young People


ferrari-f430-spider-1The following  individuals are all multi millionaires under the age of 30

  1. Arthur Landon – 27  – Inherited £200m
  2. Dhani Harrison – 30 – Inherited £140m
  3. Fawn and India Rose James – 23 & 17 – Inherited £120m
  4. The Earl of Pembroke – 30 – Land owner of £105m
  5. Andrew Gower – 30 – Computer Games £99m
  6. Richard Walters – 29 – Plant and equipment £90m
  7. Jenson Button – 29 – Motor Racing £40m
  8. Michael Owen – 29 – Football £40m
  9. Andrew Michael – 29 -Internet £35m
  10. Thomas O’Donohoe – 29- computers £35m
  11. Waye Rooney – 23 – Football £35m
Stock Market For Beginners

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