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- JLP, Kesa Illustrate the New Retailing World
- Results today from John Lewis Partnership JLP and Kesa give further evidence of how the split in the fortunes of different retailers is widening and offers indications of what consumer demand will look like in the post-credit-crunch environment. Grocery to department-store retailer JLP had its best week...
- Blog posts 2009-05-15
Additional Resources
- Kesa completes BUT deal.
- Electricals retail group Kesa can focus on its core business after selling its French furniture arm Amanda Vermeulen Kesa Electricals has finalised plans to sell French furniture business, BUT, to Decomeubles, a company backed by Goldman Sachs and Merchant Equity Partners, for 550m....
- Research articles 2008-01-30
- Kesa Electricals sees sales rise 2.5 percent in third quarter
- LONDON AFP — Kesa Electricals, the British electricals-to-furniture retailer, said that group sales across its European businesses rose by 2.5 percent during the third quarter to 973.1 million pounds (1.42 billion euros, 1.68 billion dollars). On a like-for-like basis, which strips out the impact of new and closed store...
- Research articles 2005-11-24
- Kesa Electricals rejects takeover bid
- LONDON AFP — Britain's Kesa Electricals has rejected a takeover bid from a private equity firm that values the electricals-to-furniture retailer at 1.72 billion pounds (2.49 billion euros, 2.99 billion dollars). Kesa, whose businesses include Comet in Britain as well as Darty and BUT in France, said the offer...
- Research articles 2006-03-14
- Britain's Kesa Electricals enjoys World Cup sales lift
- LONDON AFP — British electricals-to-furniture retailer Kesa Electricals has announced a solid increase in sales, boosted by demand for new televisions ahead of the World Cup football tournament. But because demand was now likely to tail off, the group remained cautious on the outlook for the rest of 2006,...
- Research articles 2006-07-20
- SHARES AND MARKET REPORT: Kesa Electricals dives after hopes of a
- SHARES IN Kesa Electricals found themselves under heavy selling pressure yesterday as Deutsche bank warned investors that a bid for the retailer from Dixons is unlikely to emerge in the near term. Kesa dropped 7.25p to 256.5p, having soared nearly 13 per cent over the past month on speculation of...
- Research articles 2004-01-07
- Kesa Electricals sees net profits slump
- LONDON AFP — British electricals-to-furniture retailer Kesa Electricals said that its annual net profits sank by almost 20 percent to 94.7 million pounds (137.1 million euros, 165.6 million dollars). Kesa, fresh from rejecting a takeover bid from an unnamed private equity consortium last week, said net profits fell by...
- Research articles 2006-03-22
- Kesa plans 40 two-storey Comet outlets
- Kesa Electricals unveiled plans for 40 two-storey Comet outlets yesterday as it cautioned that last year's bumper sales growth from the flat-screen television revolution would slow. Kesa is putting 40 mezzanine levels into its 250 Comet stores, starting with 10 this year. The move will put further...
- Research articles 2007-03-22
- Kesa boosted by Comet sales
- SHARES IN Kesa Electricals hit their highest level since it was spun out of Kingfisher 18 months ago, after the Comet owner reported a 3.9 per cent rise in underlying sales over Christmas. Comet's 2.1 per cent like-for-like sales rise lagged its rival, Dixons, but Kesa's French chain, Darty, compensated...
- Research articles 2005-01-21
- OUTLOOK: Kingfisher/Kesa
- THE ANNOUNCEMENT of Kingfisher's "value enhancing" demerger of Kesa Electricals has gone down in the City like a lead balloon. This is often the case with demergers, for although it is surely right for companies to "focus" their attentions on what they are supposed to be good at, doing the...
- Research articles 2003-06-18
- Kesa Electricals set for weak market debut
- SHARES IN Kesa Electricals, the electrical retail group being demerged from Kingfisher, are due to start trading today with analysts predicting a weak debut. Shares in the company, which owns Comet in the UK and Darty in France, are due to start trading at about 200p (after a five for...
- Research articles 2003-07-07
- Cameras and TVs lift Kesa sales 5.5%
- KESA ELECTRICALS, the owner of consumer-electronics stores including France's Darty and Britain's Comet, said first-half sales rose 5.5 per cent on demand for digital cameras and flat-screen televisions. Revenue for all businesses at London-based Kesa increased to pounds 1.54bn in the 24 weeks ended 17 July, the group said. Its...
- Research articles 2004-07-23
- THE INVESTMENT COLUMN: French woe takes spark out of Kesa
- KESA ELECTRICALS, the owner of Comet, may sell the very latest electrical goodies but unless you know your MP3 player from your elbow, it isn't a business to set the pulse racing. Kesa (that's pronounced Kayzer, not Keezer) has been a pretty low- voltage performer since it...
- Research articles 2004-09-30
- The Investment Column: Kesa Electricals has lost its spark
- UN PEU decevant was one French broker's verdict on annual results from Kesa Electricals yesterday. That's a tad disappointing, in the English. Kesa owns Darty, the electrical goods retailer, and BUT, a furniture chain, in France. It also has Comet in the UK. Only Darty can be...
- Research articles 2005-03-24
- Kesa hit by 5% downturn at Comet
- Kesa Electricals warned yesterday trading at Comet, its core UK chain, had deteriorated, sending its shares down sharply. It said underlying sales at Comet had fallen 5 per cent in its half year to 18 July, implying an 8 per cent slide in the past 11 weeks. ...
- Research articles 2005-07-22
- Comet fails to come to rescue of Kesa
- A sharp drop in French furniture sales has hit profits at Kesa Electricals after a disappointing Christmas, the group admitted yesterday. The group's BUT furniture arm suffered an 8.6 per cent drop in like-for-like sales, which was worse than analysts had expected. Shares in Kesa, formerly part...
- Research articles 2006-01-20
- Sales of flat screen televisions help Comet to give Kesa a lift
- Kesa Electricals, which turned down a pounds 1.7bn bid approach in March, bolstered its defence against its stalker returning by massively revaluing its property assets yesterday. The group, which owns the Comet chain in the UK and was spun out of Kingfisher three years ago, said its...
- Research articles 2006-05-25
- Sales of flat screen televisions help Comet to give Kesa a lift
- Kesa Electricals, the owner of the Comet chain which turned down a pounds 1.7bn bid approach in March, bolstered its defence against its stalker returning by massively revaluing its property assets yesterday. The group, which was spun out of Kingfisher three years ago, said its real estate...
- Research articles 2006-05-25
- Kesa warns on profits growth despite TV boost
- The flat-screen television boom helped Kesa Electricals to increase its interim profits by almost two-thirds, but the owner of Comet took the shine off its achievement yesterday by warning that sales and profit growth would slow next year. Sales of flat-screen TVs doubled at Comet and at...
- Research articles 2006-09-28
- Kesa warns on profits growth despite TV boost
- The flat-screen television boom helped Kesa Electricals to increase its interim profits by almost two-thirds, but the owner of Comet took the shine off its achievement yesterday by warning that sales and profit growth would slow next year. Sales of flat-screen TVs doubled at Comet and at...
- Research articles 2006-09-28
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