Results round-up

Kingfisher has booked total first quarter sales of £2.7bn, up 5.1% in reported terms and ahead 3.6% in like-for-like constant-currency terms.

"We have made a solid start to the year, trading in line with expectations," said chief executive Véronique Laury.

"I am pleased with the early progress we are making on our operational milestones for this year, the first year of our ambitious five-year plan," she added.

All three geographic segments of Kingfisher's operations -- UK & Ireland, France and Other International -- produced rises in total and like-for-like sales for quarter ended 30 April.

Nevertheless, its shares were down about 1.5% as investors scrutinised the underlying detail.

UK & Ireland total sales were up 1.3% to £1.25bn, including a 23.5% rise in Screwfix sales to £301m and a 4.2% slip in B&Q UK & Ireland sales to £951m. Total sales in Russia fell 17.5% to £63m.

On a like-for-like basis, sales in Russia, Spain and France's Castorama were lower 4.5%, 3.2% and 0.9% respectively.

"We continue to feel confident in our ability to deliver our plan, based on putting customer needs first, supported by the expertise and enthusiasm of our colleagues," Laury said in a statement.

Shares in online personal health and wellbeing services provider Fitbug have fallen almost a quarter after it booked an impairment-dented set of full year results and mulled a potential fund-raise.

Impairment of stock totalled £0.74m, from £48,000, with write-off of software development costs at £0.57m, from nil. Revenue was £1.3m, from £2.3m, while pre-tax loss was £6.5m, from a loss of £3.8m.

Fitbug reported an encouraging start to 2016 trading with first quarter sales in the Corporate Wellness sector significantly increased over like-for-like sales in first quarter 2015.

The company also said it has agreed a further loan from NW1 Investments Ltd for an amount of £121,000, repayable by 31 July 2017.

It is also considering a potential equity fund-raise and is in talks with NW1 and Kifin Ltd about the current debt the AIM-quoted company has with these entities.

"The company intends to use the funds secured today to meet short term working capital requirements while discussions with NW1 and Kifin progress," it said.

At 15:35 BST, Fitbug's shares were down 22.22% to 0.52p.