Kingfisher has reported solid financial results for the year ending January 2026, underpinned by growth in professional customers and e-commerce despite continued market pressures.
The group posted sales of £12.9bn, up 1.3%, while adjusted pre-tax profit rose 6% to £560m. Performance was driven by the UK, where B&Q and Screwfix delivered like-for-like sales growth of 4.0% and 4.5% respectively. Adjusted earnings per share increased by nearly 15%, supported by a £300m share buyback programme.
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Expansion among trade customers remains a key focus, with sales to professionals rising 23% (excluding Screwfix) and now accounting for 30% of total revenue. Kingfisher is targeting £5bn in sales from this segment in the medium term.
Digital growth also accelerated, with e-commerce representing 21% of total sales and marketplace revenue increasing 58% to £518m.
In France, however, trading remains difficult, with sales declining 2.1% amid a contracting market, although market share improved and margins reached 2.5%.
Looking ahead, Kingfisher expects adjusted pre-tax profit of £565m to £625m, reflecting confidence in its long-term growth strategy.
Source: www.univers-habitat.eu
