Kingfisher cuts profit forecast as tough trading conditions bite

B&Q fascia

DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.

The reduction came despite a performance in the first half that Kingfisher described as sales “slightly ahead of expectations”.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Sign up for a month FREE trial

Subscribe now