Analyst estimates

Like-for-like (LFL) sales summary (%)

  Jan 2021/22
H2
Jan 2021/22
Full year
Jan 2022/23
Full year
Jan 2023/24
Full year
UK & Ireland -4.8% 10.9% -5.7% 1.4%
- B&Q -6.9% 10.8% -8.6% 0.5%
- Screwfix  -1.5% 11.2% -0.9% 2.7%
France -4.8% 8.8% -1.4% 1.3%
- Castorama -6.7% 7.2% -1.2% 1.0%
- Brico Dépôt -2.6% 10.8% -1.7% 1.5%
Poland 3.4% -0.8% 3.5% 2.1%
Group -3.5% 8.7% -2.7% 1.4%

Implied 2-year LFL sales (%)

  Jan 2021/22
H2
Jan 2021/22
Full year
UK & Ireland 14.0% 22.8%
- B&Q 14.9% 25.2%
- Screwfix  12.0% 18.5%
France 11.8% 14.3%
- Castorama 13.7% 13.8%
- Brico Dépôt 9.8% 15.0%
Poland 10.1% 4.1%
Group 12.6% 16.7%

P&L summary (£m)

  Jan 2021/22
Full year
Jan 2022/23
Full year
Jan 2023/24
Full year
UK & Ireland 822 665 676
France 209 186 195
Poland 126 136 142
Other(1) 1 7 15
Other International 127 143 157
Total retail profit 1,158 994 1,028
Share of JV interest and tax -4 -4 -5
Central costs -59 -59 -60
Net finance costs -145 -142 -139
Adjusted profit before tax 950 789 824
Tax -210 -181 -199
Adjusted profit after tax 740 608 625
Adjusted EPS (p) 35.6 30.0 31.4
Ordinary DPS (p) 12.5 12.2 12.8
Euro rate 1.17 1.18 1.18
PLN rate 5.33 5.42 5.42
Information correct as at 20 December 2021            
             
(1) ‘Other’ includes retail profit or loss estimates for Iberia, Romania, NeedHelp (acquired in November 2020), Screwfix International (launched online in France in April 2021), results from franchise agreements, and Kingfisher’s 50% JV in Turkey.
             
Disclaimer: Save as described below, the figures above are a simple arithmetic average of recent forecasts that have been provided to Kingfisher by registered investment analysts. The figures do not give greater weight to the forecasts of any individual analyst and may or may not represent the market consensus. These average estimates are not endorsed by Kingfisher, nor does Kingfisher assume any obligation to update or revise them after the date above. Kingfisher reserves the right, from time to time, with or without notice, to exclude one or more analysts’ forecasts on the basis that Kingfisher believes them to be unrepresentative and/or out of date. In some instances, interim period forecasts (i.e. H1 and H2) may not reconcile to full year forecasts due to fewer analysts forecasting on an interim basis than a full year basis. Group LFL forecasts for some analysts exclude Romania and Iberia LFL sales forecasts.  

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