B&Q owner Kingfisher has revealed annual profits slumped by more than a quarter and warned over another steep fall in ...

With sales amounting to roughly 18 billion U.S. dollars, the British company Kingfisher Group, which owns multiple brands such as B&Q, Castorama, Brico Dépôt, and Screwfix, ranked fourth.

The retailer is mainly focused on enhancing the profitability of Castorama France. Kingfisher owns the B&Q and Screwfix ...

He intends to improve the performance and profitability of Castorama France by restructuring and modernising its store network. “And in Poland, where we faced strong comparatives and a tough ...

Kingfisher (LSE: KGF) is facing particular pressures in France, where its Castorama business has underperformed. However, the group’s UK operations are still trading relatively well and gained market ...

Further growth came in the 1990s when they merged with France’s leading DIY retailer, Castorama. Dominating the DIY retail sector in Europe, B&Q expanded its reach by venturing into the thriving Asian ...

B&Q – and Kingfisher’s French chains Castorama and Brico Dépôt – have struggled with a decline in trade since Covid lockdowns boosted business. The recent run of profit warnings has unnerved the City, ...