bullish

Kingfisher plc - Strategy driving profit upgrades despite soft markets

146 Views26 Nov 2025 22:00
Issuer-paid
SUMMARY
  • Kingfisher’s 3Q26 sales growth of 1.0%, including LFL +0.9%, was better than expected and driven by market share gains in UK.
  • In addition, the group’s investments in e-commerce and trade continued to deliver double digit growth across the group as self-help actions helped offset soft markets, particularly in France and Poland.
  • Building on the strong profit performance in H126, management has upgraded FY26E Adj. PBT guidance again, to £540m-£570m.
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