Kingfisher plc has reported a 2.2% increase in Q1 sales, reaching £3.3 billion. Notably, B&Q’s like-for-like sales rose 7.9%, contributing significantly to the group’s overall performance. The UK & Ireland market also experienced a solid 6.2% sales uplift.
Digital sales now account for 20% of total revenue, underscoring the company’s successful e-commerce initiatives. However, sales in France and Poland declined, highlighting regional challenges that will require strategic focus.
Kingfisher’s results reflect a mixed but generally positive trading environment, with growth opportunities tied to digital innovation and core market strength.