UK and Ireland still a drag on Kingfisher

published 16 February 2012

DIY retailer Kingfisher saw sales growth in all three of its geographic regions in the 13 weeks to January 28th, though, as expected, like-for-like (LFL) sales in the UK and Ireland were lower than the year before.

Total sales were up 2.2% year-on-year, or 4.0% in constant currency terms, while LFL sales were up 0.9%, despite the UK & Ireland's LFL sales being down 1.9% on the corresponding period of the prior year.

More to follow ...