B&Q owner lifts profit forecast amid strong demand for kitchens

3 months ago 20

Rommie Analytics

Kingfisher says garden accessories, outdoor paint and plants sold well because of good weather in the UK

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The owner of B&Q and Screwfix has upgraded its profit forecast after reporting strong demand for its new kitchen ranges and garden products amid good summer weather.

Kingfisher, which runs DIY stores across Europe, including Castorama and Brico Dépôt France in France, posted sales growth of 1.9% at established stores in the six months to 31 July.

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