Article 707WN B&Q owner lifts profit forecast amid strong demand for kitchens

B&Q owner lifts profit forecast amid strong demand for kitchens

by
Julia Kollewe
from World news | The Guardian on (#707WN)

Kingfisher says garden accessories, outdoor paint and plants sold well because of good weather in the UK

The owner of B&Q and Screwfix has upgraded its profit forecast after reporting strong demand for new kitchen ranges and garden products amid good summer weather.

The Kingfisher chief executive, Thierry Garnier, talked of slowly rising consumer confidence" with better mortgage affordability and stabilising property sales. We have seen a resilient consumer in the UK," he added.

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