UK's Kingfisher bottoms FTSE 100 after tightening annual profit outlook
** Shares of European home improvement retailer Kingfisher KGF.L down 10.3% at 264.5p, its lowest level since Aug 5, 2024
** Stock top pct loser on the FTSE 100 index .FTSE which is up 0.4%
** Co lowers the top end of its annual PBT outlook to 510 mln pounds-540 mln pounds ($641.07 mln-$678.78 mln) from 510-550 mln pounds
** Posts a 1.1% fall in Q3 underlying sales
** KGF says October trading was impacted by uncertainty related to government budgets in the UK and France
** In FY 25/26, sees impact of higher employers' National Insurance Contributions detailed in the UK's budget to cost the group about 31 mln pounds before any mitigations
** Adds, measures in French budget would cost co about 14 mln pounds
($1 = 0.7955 pounds)
Reporting by DhanushVignesh Babu in Bengaluru
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