Kingfisher PLCs final results for the year ended 31 January 2026 highlight a strong performance driven by strategic progress and financial discipline. Key highlights include
**Sales Growth**Underlying like-for-like (LFL) sales increased by 1.4%, with total sales up 1.3%. UK banners led growth with LFL sales up 3.3%.
**Market Share Gains**Gains were achieved in key markets including the UK, France, and Spain, with Poland trading in line with the market.
**Strategic Delivery**Trade sales grew by 23% (excluding Screwfix), and e-commerce sales increased by 20% (excluding Screwfix). Marketplace gross merchandise value (GMV) rose by 58% to £518 million.
**Profitability**Adjusted pre-tax profit (PBT) increased by 6% to £560 million, driven by gross margin expansion and cost discipline. Statutory PBT rose by 23% to £378 million.
**Cash Flow**Free cash flow was £512 million, supported by inventory improvements.
**Shareholder Returns**A £300 million share buyback was completed, and a full-year dividend of 12.40p per share was announced. A new £300 million share buyback program was also initiated.
**Summary**
Kingfisher PLC demonstrated robust financial performance in FY 25/26, achieving sales growth, market share gains, and improved profitability through strategic initiatives and cost management. The company strengthened its trade and e-commerce businesses, expanded its digital ecosystem, and enhanced shareholder returns through dividends and share buybacks. Guidance for FY 26/27 indicates continued growth in adjusted PBT and free cash flow, supported by ongoing strategic investments and operational efficiencies.
| Metric | 2025/26 | 2024/25 | Change |
|---|---|---|---|
| Total Sales (£m) | 12,945 | 12,784 | +1.3% |
| Gross Profit (£m) | 4,930 | 4,763 | +3.5% |
| Operating Profit (£m) | 469 | 407 | +15.2% |
| Adjusted PBT (£m) | 560 | 528 | +6.0% |
| Statutory PBT (£m) | 378 | 307 | +23.0% |
| Free Cash Flow (£m) | 512 | 511 | +0.1% |
| Net Debt (£m) | 1,878 | 2,015 | -6.8% |
| Net Leverage (x) | 1.4 | 1.6 | -12.5% |