Kingfisher first half profit up 6.2%

Home improvements retailer Kingfisher reported a 6.2 per cent increase in first-half profits today.

Home improvements retailer Kingfisher reported a 6.2 per cent increase in first-half profits today.

Kingfisher, which owns UK market leader B&Q and Castorama in France, made an adjusted pretax profit of £189.6 million (€271 million) for the six months to August 4th, up from £178.5 million last year, on sales up 9.8 per cent at £4.8 billion.

The company warned that the second half was expected to be tough in the UK market.