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B&Q owner upgrades its profit forecast after strong summer

The Guardian

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September 24, 2025

The owner of B&Q and Screwfix has upgraded its profit forecast after reporting strong demand for new kitchen ranges and garden products amid good summer weather.

- Julia Kollewe

Kingfisher’s chief executive, Thierry Garnier, talked of “rising consumer confidence” with better mortgage affordability and stabilising property sales. The company, which runs DIY stores across Europe, including Castorama and Brico Dépôt in France, posted sales growth of 1.9% at established stores in the six months to 31 July. Garnier said big-ticket sales such as kitchens and bathrooms had grown for a third quart

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