News | Kingfisher 2017/2018


B&Q, Castorama and Brico Dépôt lose sales

B&Q total sales decreased by 5.3 per cent in Kingfisher's fiscal year 2017/2018.

B&Q total sales decreased by 5.3 per cent in Kingfisher's fiscal year 2017/2018.

Overall, Kingfisher reports an increase in sales for its financial year 2017/2018 (ending 31 January 2018); however after adjusting for currency effects, there was a slight deficit, in some distribution channels there were significant declines. Total sales amounted to GBP 11.655 bn. At face value, this was 3.8 per cent more than the previous year, however after adjusting for currency effects, 0.3 per cent less and like-for-like 0.7 per cent less.

The strongest individual decline was recorded by B&Q in Great Britain with -5.3 per cent to GBP 3.488 bn. This reflects the completed programme to close 65 stores, as in like-for-like terms, an increase of 0.6 per cent remained. Digitally generated sales had a share of 4 per cent. Over the entire group, the digital share rose from 4 to 6 per cent.

Screwfix continues to provide very high growth. The professional sales channel gained 16.7 per cent to GBP 1.515 bn.

In France, both active sales channels there have lost: Castorama by 1.9 per cent to GBP 2.406 bn (like-for-like -2.4 per cent), Brico Dépôt by 4.2 per cent to GBP 1.981 bn (like-for-like -4.8 per cent).

Castorama also lost sales in Russia, and with GBP 391 mio, made 3.7 per cent less sales than in the previous year (like-for-like -5.8 per cent). A decline of 4.8 per cent (like-for-like -3.2 per cent) to GBP 316 mio was also reported by Kingfisher for Spain.

Poland counts as one of the positive posts in the Kingfisher annual balance sheet. Here, sales rose by 6.3 per cent (like-for-like 5.3 per cent) to GBP 1.384 bn.

Kingfisher reports profit of GBP 3 mio from Romania. Commitments in Germany with 18 Screwfix locations brought the Brits a loss of GBP 18 mio (2016/2017: GBP 14 mio).

|22 March 2018


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Koelnmesse is bundling its "Global Competence in Hardware"

Koelnmesse wants to bundle its activities in the field of hardware in future under the motto "Koelnmesse: Global Competence in Hardware". View news...

Lighting congress at double fair in Panama

The first Design + Lighting Latin America 2019 congress will be staged on the first two days of the Inter Lumi and Expo F double trade fair in Panama View news...

Kingfisher pulls out of Germany and heads for Ireland

After operating Screwfix for just five years in Germany, Kingfisher is pulling the distribution channel out of the country and closing all 19 View news...

Kingfisher sales static, Castorama and B&Q performing poorly

Kingfisher's sales have stagnated. In fiscal 2018/2019 (ended 31 January 2019) the British DIY group's sales were up 0.3 per cent from the previous View news...

Actual figures

Statistics Home Improvement Europe

Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Pentrilo, painting tools


Pentrilo: The future of the painting tools

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.