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International home improvement company
kingfisher.comLast updated
In short: Kingfisher raised profit guidance after strong H1 results and named Sebastian Gundel as incoming CEO.
Sebastian Gundel brings extensive home improvement leadership experience, notably from OBI. He joins to drive growth and digital transformation while succeeding outgoing CEO Thierry Garnier.
The company upgraded full year guidance and shared CEO reflections on the positive financial performance.
The company reports H1 adjusted PBT of £404m and free cash flow of £339m. Revenue rose 1.6%, with strong performance in Screwfix and digital channels driving the increase.
Adjusted pre-tax profit rose 9.9% to £404m, driven by strong Screwfix performance and margin expansion, while the company announced a share buyback.
British home improvement retailer Kingfisher on Tuesday named Sebastian Gundel as CEO from February 1, 2027, to replace Thierry Garnier who is stepping down at...
European home improvement retailer Kingfisher raised its full-year profit forecast on Tuesday after ...
Kingfisher stock has been volatile around September 10, 2026 after a surprise chief executive departure, with the shares trading slightly below recent levels. Recent half-year...
Kingfisher, owner of the DIY chain, is top FTSE 100 riser after it says it will stick to full-year profit outlook...
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