Essential reading for retailers and suppliers in the home improvement market

B&Q parent sees strongest sales in UK

Published: 23 July 2009
Kingfisher has reported a 2% decline in like-for-like sales for the 10 weeks to July 11 but the UK has outperformed the group results.
B&Q parent sees strongest sales in UK
While the group's total revenue declined 1.9%, sales in the UK only dipped 0.6% compared with 2.9% in France and 2.7% in all other international markets. All figures are like-for-like sales comparisons.

This picture improves and actually moves into the black for the UK if we look at the 23-week period to July 11. Total group sales declined 1.58% in the period but actually grew 0.2% the UK.

The 10-week period performance was helped by a 0.7% growth in total lfl sales at B&Q despite a drop of 2% in seasonal sales. DIY and decorative sales remained "broadly flat" and were helped by kitchen, bathroom and bedroom sales, which benefited from "competitor withdrawal".

However, it was a different story at Screwfix, which saw sales drop 6% in what the company described as a "much more challenging trade market".

Group ceo Ina Cheshire said: "We have continued to perform well in a tough environment. B&Q in the UK was again stronger than anticipate4d as it continued to capitalise on the growing trend for home and garden DIY, low cost room makeovers and competitor withdrawal in the bigger ticket categories.

"Right across the group our now well-established focus on driving profitable sales, whilst vigorously controlling costs and cash, is serving us well as we trade through these difficult times."


(Your email address will not be published)
6 + 6 =  
Already Registered?
Sign In
Not Yet Registered?
Printable View E-mail Bookmark

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories