Kingfisher plc reported a solid financial performance for FY 2025-'26, achieving notable market share gains and robust profit growth despite challenging market conditions.
- Total sales reached GBP 12.9 billion with a 1.4% increase in like-for-like sales, led by strong U.K. performance and e-commerce growth of 21.5%.
- Adjusted profit before tax grew 6% to GBP 560 million, while adjusted EPS increased 15% to 23.8p, supported by a share buyback program.
- The company maintained strong gross margin growth of 80 basis points and delivered GBP 512 million in free cash flow.
- Strategic initiatives, including marketplace expansion and targeted trade offerings, have driven significant market share improvements across all key regions.
- A new GBP 300 million share buyback program was announced, alongside a consistent dividend of 12.4p per share, reflecting continuing momentum in the business.
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