B&Q owner Kingfisher profits slide as French market struggles

B&Q and Screwifx owner Kingfisher has reported a decline in sales, primarily attributed to sluggish consumer demand in its French market.
For the year ending January 31, the DIY giant saw a 1.5% drop in sales, bringing the total to £12.78bn. This decrease was largely driven by a 6.2% sales decline in France, while performance in the UK and Poland remained stable.
Operating profit for Kingfisher fell 29.7% to £407m, with pre-tax profit down 35.4% to £307m.
The company a