video1.0<iframe src="https://www.loom.com/embed/f97d0b827e9b4e2c98dd5279fc5a3790" frameborder="0" width="1120" height="840" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>8401120Loomhttps://www.loom.com8401120https://cdn.loom.com/sessions/thumbnails/f97d0b827e9b4e2c98dd5279fc5a3790-1e5136474bbfd720-full.jpg119.63Good morning! In this video, I’m excited to share our coverage initiation of Kingfisher, a leading home improvement company with a fair value of 340p. We’ve analysed their management strategy and expect their successful online expansion to continue in various European markets. Our projections indicate an 11% compound annual growth rate in adjusted PBT and nearly 20% in earnings per share after share buybacks. I’d love for you to review the charts and provide your thoughts on our blue sky scenario for 2028.