skip to main content
Find Insight DIY on
* * *


Screwfix reports strong LFL sales in Q2

Screwfix - requires credit - shutterstock_317213033 725 x 500

Kingfisher has reported on Q2 trading and, once again, Screwfix has proved the jewel in the Kingfisher crown, achieving double-digit total sales growth.

Total sales reached £407m, an increase of 11.8%, with like-for-like sales increase of 5.5%.

Twelve new branches opened during the quarter.

In Germany, Screwfix reported sales of £3m, with LFL sales increase of 20.4%.

See the B&Q results here

Véronique Laury, Chief Executive Officer, said: 

"We started our transformation two and a half years ago and are on track to deliver our strategic milestones for the third year in a row.

"In Q2, I’m pleased that we grew our sales after the exceptionally harsh weather conditions in Q1.

"In B&Q, Screwfix and Brico Dépôt France we delivered good sales growth. However, the performance of Castorama France has been more difficult and as a result we have put additional actions in place to support our full year performance in France with the benefits expected to come through in H2.

“We look forward to providing a more detailed update at our H1 results in September.”

View the full publication here.

Source : Insight DIY and Kingfisher

Image :  James W Copeland / 317213033

For all the very latest news and intelligence on the UK's largest home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.

16 August 2018

Related News

view more UK DIY News

Insight DIY is the only source of market information that I need and they always have the latest news before anyone else.

Neil Anderton - Sales Director, British Ceramic Tile

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