Kingfisher has reported a solid set of full‑year results for the year to 31 January 2026. The hardware retailer, which owns B&Q, Castorama and Screwfix, enjoyed steady sales growth, with a significant lift from its expanding digital and trade propositions.
Group like‑for‑like sales rose 1.4%, with total sales up 1.3%. The UK led the performance, as B&Q and Screwfix both delivered sales increases of more than 4%. Adjusted profit before tax reached £560m, up 6%, while free cash flow rose to £512m, helped by better stock management. Statutory profit before tax was £378m.
Strong growth in trade customers
In its financial statement, Kingfisher highlighted the growth of its trade professional business. Trade sales now make up 30% of group revenue, up from 27% last year, with sales to trade customers rising 23% outside of Screwfix and 12% overall.
To serve this growing customer base, the retailer has rolled out dedicated trade zones across all banners, now present in 43% of stores, while Castorama France has launched 50 new “CastoPro” trade areas. TradePoint will open its first standalone store in 2026, and the Group has expanded its Direct‑to‑Site delivery options.
Trade loyalty programmes are now live in every market, with membership up 18% year on year. Screwfix has also launched a new in‑app loyalty scheme and enhanced its Sprint fast‑delivery service, which now reaches 60% of the UK with delivery in as little as 20 minutes.
Digital and marketplace expansion boosts growth
Digital continues to be one of the biggest drivers of Kingfisher’s performance. Ecommerce penetration rose to 21% of total sales, with online sales growing 20% excluding Screwfix.
Marketplaces are now live across all regions, and marketplace sales (GMV) surged 58% to £518m. At B&Q, the marketplace now offers 3.7 million SKUs, with marketplace sales reaching £445m and contributing £15m of profit.
B&Q also launched 15‑minute Click & Collect for first‑party products and completed the rollout of the UK’s first marketplace Click & Collect service across 300 stores. Kingfisher has begun onboarding cross‑border vendors, allowing sellers to access all its marketplaces through a single process.
AI‑powered product recommendations and personalisation tools are now running across almost all banners, while retail media is gaining traction across apps, websites, and new in‑store digital screens. Castorama France has also launched Core IQ, a data‑insights platform for brands.
Looking ahead
Kingfisher continues to grow its exclusive own‑brand offer, which now accounts for 43% of sales. The Group also opened a net 41 new stores, including B&Q’s rapid conversion of eight former Homebase sites and Screwfix’s continued rollout of compact city formats. Screwfix also opened five new stores in France.
For the year ahead, Kingfisher expects adjusted profit before tax of £565m–£625m and free cash flow of £450m–£510m. It is also launching a new £300m share buyback programme.
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