UK and Poland drive sales for Kingfisher group
Kingfisher group saw underlying pre-tax profits of £787 million, up 14.7% thanks in part to strong like-for-like sales growth in the UK and Poland (in the financial year ending 31 January 2017) Total adjusted sales in constant currencies were up 1.7% (UK & Ireland +2.4%; France (1.4)%; Other International +7.0%) Kingfisher UK & Ireland sales […]
Screwfix to open 4th distribution centre and ‘one store per week’
Screwfix is to boost its infrastructure with a new warehouse for its expanding store network. Screwfix recently notched up store number 490 and has self-stated plans to open “one store per week”. Set to open later this year, the new warehouse will be built in Prologis Park Fradley, near Lichfield. On a site the size […]
UK and Poland drive profit for Kingfisher
Kingfisher, owner of B&Q and Screwfix, has posted its half year results and revealed a 2.7% rise in adjusted sales and retail profit of 8.7% (for the 6 months ended 31 July 2016). Underlying pre-tax profit was up a significant 13.5% to £436 million, thanks largely to UK and Poland profit growth – and £17 […]
Screwfix and B&Q owner seeking new London HQ
Ahead of the publication of its first half year results for 2016, Kingfisher is reportedly seeking a new large London HQ. It is being widely reported in the press that Kingfisher, owner of two of the UK’s largest DIY and hardware retail empires – B&Q and Screwfix – is searching for a 300,000 sq ft […]