Kingfisher Flies After Profit Guidance Lifted, Leads FTSE 100 Higher

Kingfisher Flies After Profit Guidance Lifted, Leads FTSE 100 Higher

Thanks to strength at its B&Q and Screwfix fascias in UK and Ireland, Kingfisher expects adjusted pre-tax profit of between £540 million and £570 million in 2025.

B&Q firm Kingfisher lifts profit target despite ‘softer’ UK market

Shares in the group, which runs more than 1,800 stores globally, moved higher on Tuesday morning. B&Q owner Kingfisher has increased its profit target for the year despite pointing to weaker market conditions in the UK. Shares in the group, which runs more than 1,800 stores globally, moved higher on Tuesday morning as it reported stronger demand for big-ticket spending. Kingfisher told shareholders that it is on track to deliver a pre-tax profit…

B&Q firm Kingfisher lifts profit target despite ‘softer’ UK market

Shares in the group, which runs more than 1,800 stores globally, moved higher on Tuesday morning.

Home improvement retailer Kingfisher ups profit outlook

European home improvement retailer Kingfisher has today upgraded its full-year profit outlook, saying it was winning market share in the UK despite softening trading conditions.

Owner Of B&Q Upgrades Profit Guidance After Solid Q3

Kingfisher, the owner of the B&Q and Screwfix chains, has upgraded its annual profit forecast after strategic initiatives in e-commerce and trade, and solid performance in its core DIY and ‘big-ticket’ categories, drove volume-led growth in its third quarter. The (more…) The post Owner Of B&Q Upgrades Profit Guidance After Solid Q3 appeared first on KamCity.

B&Q and Screwfix Report Continuing Growth Amid Strong Profits

B&Q AND SCREWFIX both saw continuing volume and transaction growth for the year to date (from 1 February 2025) and Q3, according to the latest trading update from parent company Kingfisher plc. In an upgrade to its full year profit guidance from upper end £540m to £570m, Kingfisher reported a strong UK performance against subdued demand in Poland and France. Sales growth for the UK firms stood at 3.9% for B&Q to £973m, while for Screwfix growth …