Pandemic supercharges Kingfisher’s digital business, attracting 10m new online customers over past year
The owner of B&Q and Screwfix has reported a surge in revenues and profits for 2020 as locked-down consumers got stuck into home improvement, fuelling a nationwide DIY boom.
Kingfisher, which operates about 1,380 B&Q and Screwfix stores in the UK and Ireland, reported adjusted pre-tax profits of £756m in the year to 31 March, up a massive 634% from £103m the previous year.