B&Q owner raises bottom end of its profit outlook for the full year
European home improvement retailer Kingfisher reported a flat first half profit reflecting weak demand for more discretionary ‘big-ticket’ purchases, but it raised the bottom end of its profit outlook for the full year.
The FTSE-100-listed group owns B&Q and Screwfix in Ireland and Britain, and Castorama and Brico Depot in France and other markets. It said on Tuesday it now expected an adjusted pretax profit for 2024/25 of £510 million to £550 million , having previously forecast £490 million to £550 million. It made £568 million in 2023/24.From bank details to your Netflix password: tips on how to detail your affairs for loved ones in the event of your unexpected deathIndustry says regulation is driving house prices as cost of Celtic Tiger-era defects mountsUHL audit: Firms that got €1.
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