Kingfisher aims to become more global in 2017

Publication

18 April 2017 à 12h00

Updated on 10 May 2019 à 17h55

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1 minute

Publication: 18 April 2017 à 12h00, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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Publication

18 April 2017 à 12h00

Updated on 10 May 2019 à 17h55

Reading time

1 minute

Publication: 18 April 2017 à 12h00, Updated on 10 May 2019 à 17h55

Reading time: 1 minute

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In the year to January 2017, Kingfisher posted a turnover of €13.01 billion up by 8.7% excluding exchange rate fluctuations, driven by a favourable exchange rate of the Sterling Pound. Net profit jumped by 13% to €708 million. Sales in Russia and France were flat, whereas Poland grew by 10.1%, pushed by an increase of 5.5% for the D.I.Y. market in 2016 (Source: PMR). Kingfisher is Poland’s largest D.I.Y. retailer with a market share of 12%, selling under the brands of Castorama and Brico...

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