skip to main content
Find Insight DIY on
* * *


Kingfisher updates analyst estimates

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

Analysts now forecast a 0.6% increase (previously 1.0% in May 2013 update) on B&Q UK & Ireland like-for-likes for year ending 2013/2014. It had been previously forecast (May 2013) that B&Q UK and Ireland would see retail profit of £192m, but as Kingfisher has opted to report on combined financial data for all UK and Ireland operations - rather than report separately - no updated figures have been provided.

Anticipated profit for overall UK and Ireland operations has dropped to £248 million (previously £256 million).

For the year 2014/2015 B&Q UK & Ireland is forecast to see a 2.0% (previously 1.7%) increase in like-for-likes. Previous forecasts suggested a profit figure of £232 million, although as above, this figure has not been updated. During the reporting period overall UK and Ireland operations have been revised downwards and are now forecast to reach £282 million (previous forecast showed £287 million).

Total retail profit for the global business in January 2014 is now expected to reach £827 million (previously £841 million).

In January 2015 this figure is expected to grow to reach £917 million (previously given as £927 million), while January 2016 figures indicate a total retail profit forecast of £994 million (previously £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)

18 June 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