Interim results for the 26 weeks ended 30 July 2011

 

15 September 2011

 

'Delivering Value' progress

Progress to date (Feb 2011 to July 2011) and milestones for the remainder of the year

2. Exploiting our UK Trade opportunity

On target to grow sales to the professional tradesman to £1 billion in 2011/12.

2011/12 first half progress

  • Added new services for trade professionals including:

    • development of a 'click, pay and collect in 15 minutes' offer for all Screwfix trade counters, already taking over 10,000 orders a week
    • bulky goods delivery to further extend the 'TradePoint' and Screwfix offer
    • an improved third-party credit and insurance offer that can be used across all Kingfisher UK formats
  • Opened 13 further Screwfix net new outlets
  • Developed smaller version of Screwfix outlet, providing access to smaller or more densely populated urban catchments
  • Over 650,000 'TradePoint' customers now registered

2011/12 second half milestones

  • Add new services for trade professionals including a 'TradePoint' call centre and a smart phone transactional application for Screwfix to allow easier online shopping
  • Accelerate the opening of new Screwfix outlets adding up to a further 40 in H2, of which 30 will be in the new smaller format
  • Launch specialist websites for both 'Plumbfix' and 'Electricfix'