You are here: News / Kingfisher sales rise
Kingfisher sales rise
But like for likes were down 1.5 per cent.
B&Q total sales grew 3.7 per cent, and 0.2 per cent on a like for like basis, with sales of seasonal categories up nearly 20 per cent , compared with the same weather-affected period last year. Outside the UK (which accounts for over half of Group sales), total sales were up 3.9% boosted by a strong performance in Poland. Total sales in France grew 3.3% in a slower market and China sales declined due to a weak housing market and less discounting.
Ian Cheshire, Kingfisher's Group Chief Executive, said: We have achieved sales growth and taken action to improve gross margins and manage costs in all our major markets. As anticipated the UK market remains extremely tough, but we are trading solidly.
Tagged as: b&q | diy | home improvement
Share this article:
Should your colleagues be reading the Retail Bulletin?
Let them know about us.
What is RSS?
