Strong Q3 for Kingfisher

Kingfisher, the British DIY retailer, has announced that it succeeded in increasing sales in the third quarter of this current year by 1.4 per cent in constant currencies to ₤ 2.9 bn (€ 3.48 bn). Profits rose 1.7 per cent to ₤ 271 mio (€ 325.1 mio). Like-for-like sales in France grew by 1.9 per cent. The development in Britain (+2.0 per cent) was driven very powerfully by the success of the Screwfix small-format concept, according to Kingfisher. In addition to Britain and France, overall sales also expanded (+2,9 per cent) in the other countries where Kingfisher is actively involved.