The DIY group, owner of B&Q and Screwfix in the UK, has cut its full-year profit forecasts from £634m to £590m. In its interim results, Kingfisher reported that adjusted pre-tax profit fell 28%, with like-for-like sales dipping 2.2%.
Join our network of executives who receive the MBS News daily, as well as the insights, analysis and our weekly column in The Weekend Edition.
You’ll be able to unsubscribe at any time.