Kingfisher sales surge as online demand drives growth

B&Q

Kingfisher has posted a spike in sales during its third quarter as surging ecommerce demand drove its top-line growth.

The B&Q and Screwfix owner said like for likes jumped 17% at a group level in the three months to October 31.

On a total basis, group sales increased 18% in constant currency to £3.5bn.

Ecommerce revenues rocketed 153% during the period and now account for 17% of total group sales. 

 

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