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


Kingfisher updates analyst estimates to 2016

B&Q owner, Kingfisher PLC, has released updated analyst estimates for its global operations, to January 2016.

Analysts now forecast a 1.0% increase (previously 1.8%) on B&Q UK & Ireland like-for-likes for year ending 2013/2014, predicting £206 million in retail profit (previously £225 million). Expected profit for overall UK and Ireland operations has dropped to £256 million (previously £272million).

For the year 2014/2015 B&Q UK & Ireland is forecast to see a 1.7% (previously 1.8%) increase in like-for-likes, with a profit figure of £232 million (previously £253 million). Overall UK and Ireland operations are forecast to reach £287 million (previous forecast showed £304 million).

Total retail profit for the global business in January 2014 is now expected to reach £841 million (previously £861 million).

In January 2015 this figure is expected to grow to reach £927 million (previously given as £946 million), while January 2016 figures indicate a total retail profit forecast of £1010 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)

03 May 2013
view more UK DIY News

Insight DIY always publishes the latest news stories before anyone else and we find it to be an invaluable source of customer and market information.

Max Crosby Browne - CEO, Home Decor

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