Company Profile

Kingfisher is a leading European DIY business. It has operations in ten countries (including a joint venture in Turkey). The group's main retail brands are B&Q, Screwfix, Castorama and Brico Depot. In its financial year to end-January 2017, Kingfisher is expected to generate revenues of £11.2bn and retail profits of c.£850m. We estimate that it will close the financial year with over £500m of net cash. Veronique Laury assumed the role of Chief Executive Officer in December 2014 and launched the ONE Kingfisher strategic framework in March 2015. The transformational programme is expected to generate an uplift of £500m to group EBIT by FY2020/2021.