Coronavirus: Kingfisher UK sales inch up as store closures across Europe bite

B&Q

In a set of unaudited accounts up to January 31, 2020, published today, Kingfisher reported UK and Ireland sales in excess of £5.1bn – a 1% increase on the previous year.

This was driven by the growth in the UK of Screwfix, which saw a 9.4% uptick in sales to £1.8bn. Kingfisher’s other UK brand B&Q, by contrast, saw sales slump 3.1% to £3.2bn.

Total group sales were down 0.8% in constant currency, while like-for-like sales were down 1.5%.

 

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