Soaring loft insulation sales boost B&Q owner

B&Q parent firm Kingfisher has revealed that sales of loft insulation materials have more than doubled as customers seeking to improve energy efficiency in their homes helped to boost the retail group.

The company, which also owns Screwfix, recorded higher revenues over the past quarter as the DIY market also benefited from the continued shift towards home working.

Chief executive Thierry

Garnier said: “While the market backdrop remains challenging, DIY sales continue to be supported by new industry trends such as more working from home and a clear step-up in customer investment in energy saving and efficiency.”

B&Q reported that sales of loft insulation roll increased by 108% for the three months to October 31, compared with the same period last year, as customers sought to offset rocketing energy prices.