Kingfisher, the parent company of B&Q and Screwfix, has raised its profit forecast for 2026 to £540m to £570m, citing cost savings and operational performance despite softening trading conditions in the UK and Poland. Total group sales for Q3 rose 1% to £3.25bn, with UK and Ireland sales up 4.2% to £1.68bn. In France, revenue increased 0.7% to £974m, while in Poland, sales advanced 2.9% to £481m. However, turnover in other international operations fell 33.5% to £112m. CEO Thierry Garnier highlighted high-quality growth driven by e-commerce and trade initiatives, leading to an upgrade in profit guidance.

Read more at Yahoo Finance: Kingfisher raises 2026 profit guidance despite weaker UK and Polish markets