The Kingfisher Plc Board has declared an interim dividend per share of 3.80p (H1 25/26: 3.80p), to be paid on 13 November 2026 to shareholders on the register at close of business on 9 October 2026. A dividend reinvestment plan (DRIP) is available to shareholders who would prefer to invest their dividends in the company's shares. The shares will go ex-dividend on 8 October 2026. The last date for receipt of DRIP elections is 23 October 2026. Since September 2021, Kingfisher has paid out £1.3bn of dividends to shareholders.
Other Financial Highlights:
Total sales including marketplace GMS +1.6% driven by continued momentum in strategic growth drivers
Strong growth at Screwfix, Poland and Iberia, driven by trade, and e-commerce initiatives, product innovation and seasonal categories, partly offset by lower sales at B&Q and Brico Dépôt France
Market share gains at Screwfix, TradePoint, Castorama Poland and Spain. Castorama France returned to growth in Q2 and performed broadly in line with its market in the half. B&Q broadly in line with the market. Brico Dépôt France impacted by heatwaves due to category mix
LFL sales growth of +0.1% and +0.8% space growth, partly offset by (0.2)% impact from converting two Castorama France stores to franchises
Gross margin expansion of +70 basis points to 38.4%, driven by Kingfisher's buying and sourcing scale, growth from marketplace, retail media, FX tailwinds and the sale of Romania, partly offset by headwinds from freight and a growing share of trade
Operating costs increased +0.4%, reflecting the impact of new store openings and higher staff pay rates including two months of increased UK employer National Insurance contributions. These increases were partly offset by structural cost reductions and a £14m one-off business rates refund in the UK
Adjusted PBT +9.9%(1) growth to £404m driven by gross margin expansion of +70bps and disciplined cost control. Excluding the one-off £14m UK business rates refund, adjusted PBT increased +6.1%
Retail profit +7.5% to £489m(1), with retail profit margin of 7.1% +50bps
Statutory PBT +18.4% to £400m (H1 25/26: £338m), with the prior year including a £31m loss related to the disposal of Romania included in adjusting items
Adjusted EPS +16.1% to 17.8p(1), reflecting profit growth and the ongoing share buyback programme. Statutory basic EPS was up +29.5% to 17.3p
£339m free cash flow delivered, underpinned by 2 days stock improvement
Gross capital expenditure of £171m, reflecting investment in new stores, new ranges to support growth, technology and store maintenance
