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BUZZ-Kingfisher: bottom of STOXX on "more uncertain" UK outlook

** Kingfisher (Frankfurt: 812861 - news) down 7.5 pct and on track for worst day since June 2016

** Co beats forecasts with a 1.3 pct rise in annual profit, but that is overshadowed by UK outlook and Q4 trading reflecting weaker demand there for big ticket items

** "The tone of the outlook statement is not particularly encouraging, with management reiterating its confidence in its transformation plan but warning of potential further "disruption"," Morgan Stanley (Xetra: 885836 - news) says

** MS suspects that consensus forecasts for FY 2018/19 will come down by c.3-4% to reflect the weak trading in the UK

** Stock bottom of Stoxx 600 as well as FTSE 100

** Third most actively traded on Stoxx 600