We remain convinced that our home-improvement markets are fundamentally attractive and that the actions we are taking will position Kingfisher well for the future.
Outside the UK, now half Kingfisher's sales and profits, strong growth continues and we are making good progress with our strategy of strengthening our position in major markets.
The academies have tremendously improved training for young players.
Whilst these are the toughest markets Kingfisher has faced in many years, particularly in the UK, B&Q UK and Castorama France are acting to drive sales and improve cost productivity.
We don't think anyone expected this, but this is a highly-geared business with its high fixed cost base.
While the television advertising market is currently subdued, the medium term outlook remains positive.
Everyone understands ITV needs to be competitive and needs to be properly integrated to be effective,
These are the toughest markets Kingfisher has faced in many years,
You can't just sit and wait for the market to come back to you.
Strong performances in continental Europe and Asia were more than offset by a sharp downturn in home-related spending in the UK, presenting B&Q with its toughest trading environment for many years.
It's great the club is gaining recognition at this level and it's a brilliant way for Tom to round off an outstanding season.
Because we were a three-year high school for so long, I would like to see us pursue this.
The UK home improvement market remains depressed and price competitive.
The UK home improvement market continues to weaken into 2006. It is too early to forecast the full year, although a continuation of the recent stronger mortgage and housing trends could provide some support later in the year.