Outdoor seasonal sales help B&Q

B&Q UK and Ireland sales were up 1.2 per cent, and by 2.4 per cent like-for-like, to £931m, with sales of outdoor seasonal and building products up 6.3 per cent in the quarter to 31 October.

Overall, Kingfisher's third-quarter sales rose by 4.0 per cent in constant currency and by 2.6 per cent like-for-like to £2.7bn. Retail profit was up 0.4 per cent in constant currencies to £223m. 

Kingfisher chief executive officer Véronique Laury said: "Q3 trading conditions have followed a similar trend to the first half of the year, reflecting the more encouraging macroeconomic backdrop in the UK, offset by a softer market in France. 

"In the meantime, we continue to make good progress with our 'one' Kingfisher plan. The unified IT system, a key enabler of this journey, continues to progress well. In addition we have secured a further five agreements on the B&Q stores already planned for closure, taking the total to 31. 

"I am very encouraged by development work on the first wave of the unified 'core essential' ranges, which will land in stores from next year."

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