E-commerce key as European home improvement retailer Kingfisher reports full year results

European home improvement retailer Kingfisher has reported a rise in ​annual profit, with a strong ‌performance in the UK offsetting softer markets in France and Poland.

For the year ended 31st January 2026, it booked adjusted profit before tax growth of 6% to £560 million, driven by gross margin expansion +80bps and cost discipline. The group, which owns B&Q and Screwfix ​in the UK and Castorama and Brico ​Depot in France and other markets, forecast a ⁠further rise in profit in its 2026/27 year.

On the digital side of things, total e-commerce sales grew +20% excluding Screwfix (21% of group sales vs 19% FY 24/25). Marketplaces are now live across all regions. B&Q launched 15‑minute Click & Collect for 1P orders and completed the roll-out of the UK’s first marketplace Click & Collect service across 300 stores

AI driven product recommendation and personalisation engines are live in all banners (excluding Iberia) - with c£165 million sales coming from this. Retail media capabilities are now available across banner apps and websites. In‑store digital media screens are in pilot at Screwfix, B&Q and Castorama France.

Thierry Garnier, Chief Executive Officer, says: "We have continued to execute our strategy at pace and delivered good margin and cost discipline. This resulted in significant market share gains, profit growth of +13% when excluding last year's business rates one off and strong free cash flow.”

“Our UK banners led the way, with sales +4% at B&Q and +4.5% at Screwfix. This reflects the growth of our digital ecosystem, increased share of wallet from trade customers and the opening of 34 new stores. We are making rapid progress against our strategic priorities across our banners.”

He adds: “Screwfix already derives c.75% of sales from trade customers and c.60% from e-commerce. Elsewhere, trade sales increased +23% as we expanded ranges, enhanced services, and deepened relationships with trade professionals, while e‑commerce grew +20%, powered by the successful scale‑up of our marketplaces.”

“E-commerce now represents one fifth of total group sales. With a mixed consumer environment across our markets, we continue to focus on delivering our strategic priorities, maintaining cost discipline and driving shareholder returns. This positions us well to capitalise on the attractive long-term structural growth opportunities within our markets."

2026 RTIH Innovation Awards

E-commerce will be a key focus area at the 2026 RTIH Innovation Awards.

The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world.

Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.

Check out our 2025 winners here.

Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”

“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”

He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”

Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.