skip to main content
Find Insight DIY on
* * *


Kingfisher PLC issues analyst estimate update to 2015

B&Q owner Kingfisher PLC has today released updated analyst estimates for its global operations, to January 2015.

In the UK and Ireland, B&Q is forecast to see an increase in like-for like sales of 0.2% for the full year ending January 2013, with retail profit of £261 million. For the UK and Ireland overall, profit is expected to reach £296 million.

Kingfisher’s analysts have forecast a 1.5% increase on B&Q like-for-likes for 2013/2014, with £291 million in retail profit (£330 million for overall UK and Ireland operations).

A more positive forecast has been given for 2014/2015, with a 1.9% increase in like-for-likes and a profit figure of £322 million (£331 million for overall UK and Ireland operations).

Total retail profit for the global business is forecast to reach £938 million in January 2013 – a figure noted in the November 2011 update as £946 million. The figure will grow to reach £1,026 million in January 2014. January 2015 figures indicate a total retail profit forecast of £1,116 million.

Further information, including a breakdown forecast of like-for-like sales and profitability for B&Q’s global operations, can be found here:

Source : Insight DIY

17 May 2012
view more UK DIY News

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd

Don't miss out on all the latest, breaking news from the DIY industry