Retail news
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Kingfisher reports profit rise
- Posted:
- 17 September 2009 10:07
B&Q-owner Kingfisher has reported a rise in profits of 23.5%, driven by strong growth in the UK and Ireland. The group put its success down to revamped stores and new initiatives such as self-service checkouts.In the UK and Ireland, sales were up 1.2%, with retail profit up 59.3%. This was ...read more
Upswing in home improvements boosts Kingfisher
- Posted:
- 23 July 2009 09:30
Kingfisher has benefitted from the growing trend for home and garden DIY as well as low-cost room makeovers, resulting in better-than-expected trading figures.In the 10 weeks to July 11th, the group, which operates as B&Q and Screwfix in the UK, saw total sales rise 0.9% in constant currencies, down 1.9% ...read more
Promise of summer provides welcome lift to Kingfisher
- Posted:
- 02 June 2009 09:20
Consumer demand for outdoor products rose with the warm weather, helping B&Q to double first quarter profits, the company said today.Kingfisher - the world's third largest home improvement group - said that UK retail profits rose to £58 million in the 13 weeks to May 2nd, from £29 million in ...read more
Kingfisher profits slump 75%
- Posted:
- 26 March 2009 09:51
The downturn in the housing market hit B&Q owner Kingfisher today, as the group reported a shocking 75% slump in 2008 pre-tax profits from £366 million to £90 million.Kingfisher - the world's third largest home improvement business - said profits for the UK arm of B&Q fell 19% to £106 ...read more
Kingfisher "in good shape" for 2009 says Cheshire
- Posted:
- 19 February 2009 09:44
Home improvement group Kingfisher has reported an 11% increase in total sales across its fourth quarter and stated that it expects full year profits to be in line with market expectations. Group chief executive Ian Cheshire described the company "in good shape for 2009".However, the group sales figure allowing for ...read more
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