skip to main content
  • *
  • *
  • *
Find Insight DIY on
* * *


Kingfisher updates analyst estimates - September 2014

B&Q owner, Kingfisher PLC, has released updated analyst estimates for its global operations to January 2017.

As per August's update, analysts continue to forecast a 2.1% increase (previously 4.2% in the June 2014 update) in B&Q UK & Ireland like-for-like sales for the year ending 2014/2015. 

For the year 2015/2016 B&Q UK & Ireland is forecast to see a 2.1% (2.2% in previous estimate) increase in like-for-like sales, while in 2016/2017, like-for-like sales are expected to increase by 2.2% (a reduction on the 2.8% forecast from the June update and from 2.3% in the August update).

Anticipated retail profit for overall UK and Ireland operations has increased to £274 million (previously £267million) for 2014/2015, and for 2015/2016, the figure has increased from £296 million to £300 million. 2016/2017 forecasts indicate a profit figure of £327 million, a slight increase on the previous forecast of £324 million.

Total retail profit for the global business in 2014/2015 has been lowered further to £772 (down from £784 million in August and £848 million in June).  2015/2016 figures retain the £852 million figures given in August (down from £945 million in June) 

In January 2017 this figure is expected to reach £923 million, down from August's forecast of £929 million and June's forecast of £1,038 million.

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

Source : Insight Team (figures taken from Kingfisher’s analyst estimates)

08 October 2014

Related News

view more UK DIY News

Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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