Kingfisher PLC released its financial results for the year ended January 31, 2025, reporting strong performance against strategic objectives and market share gains in key regions. The companys sales decreased by 0.8% in constant currency and 1.5% in reported rates, with a like-for-like (LFL) sales decline of 1.7%. The companys gross margin improved by 50 basis points to 37.3%, and it delivered an adjusted pre-tax profit of £528 million, with a statutory pre-tax profit of £307 million. The companys net cash flow from operating activities was £1.3 billion, and it proposed a final dividend of 8.60 pence per share, resulting in a total dividend of 12.40 pence for the year. Kingfisher also announced a new £300 million share buyback program. For FY 25/26, the company expects adjusted profit before tax of £480-£540 million and free cash flow of £420-£480 million.
| Year | Sales | Gross Margin | Operating Profit | PBT | EPS | Net Cash Flows from Operating Activities | Total Dividend |
|---|---|---|---|---|---|---|---|
| 2024/25 | £12,784m | 37.3% | £407m | £307m | 10.1p | £1,302m | 12.40p |
| 2023/24 | £12,980m | 36.8% | £580m | £475m | 18.2p | £1,321m | 12.40p |
| Change | (1.5)% | +50bps | (29.7)% | (35.4)% | (44.7)% | n/a | 0% |