The Courier & Advertiser (Fife Edition)
Kingsfisher’s sales rebound
B&Q owner Kingfisher said the DIY chain has enjoyed a sales bounceback thanks to warm spring weather after Britain basked in a sun-soaked Easter weekend.
The group reported like-for-like sales growth of 2.8% for B&Q in the UK and Ireland for the three months to April 30, which marks a turnaround on recent trading and from a year earlier when the beast from the east extreme weather pushed sales 9% lower.
Kingfisher’s outgoing chief executive, Veronique Laury, said: “The group delivered positive sales growth in the first quarter.
“At this early stage of the year our expectations for the full year are unchanged, and we remain confident in our ability to deliver significant financial benefits over time.”