Screwfix sales boost Kingfisher profits

Screwfix sales boost Kingfisher profits
 

Kingfisher, owner of B&Q and Screwfix, has reported growth in sales in the third quarter thanks to strong demand in the UK and Ireland and Poland.
Group like-for-like sales rose by 1.8% with UK and Ireland figures boosted by a 12.7% rise at Screwfix and one of 3.5% at B&Q, despite store closures.
Like-for-like sales in Poland rose by 6.7% thanks to a better product range.
CEO Veronique Laury said the company was making good progress with its five-year transformation plan.
She added: "Q3 trading conditions have followed a similar trend to the first half. We have delivered... read more

 
22 November 2016 in Business, Views: 43
Source: BBC
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