Kingfisher guidance unchanged despite profits and sales slump
By Hugh Radojev2022-09-20T06:15:00
For the six months to July 31, 2022, the owner of B&Q and Screwfix reported a 4.1% fall in group sales to £6.8bn, while gross profits slipped 7.4% to £2.4bn. Statutory pre-tax profits slumped 30% to £474m, and operating profit fell 29.1% to £531m.