Kingfisher sees profits drop 30%
Sales also saw sales fall by 4.1% on a like-for-like basis to ยฃ6.8bn, although the home improvements retailer noted that its sales are now significantly ahead of pre-pandemic levels
Kingfisher has seen its profits fall 30% during the first half of the year ending 31 July, after reporting pre-tax profits of ยฃ474m compared with ยฃ677m at the same stage last year.