Brico Dépôt outpaces Castorama

Kingfisher’s home improvement division increased sales by 15.8 per cent in the 2002/2003 financial year (to 1 February 2003) and achieved a volume of £ 6.757 bn (€ 10.072 bn). The like-for-like increase amounts to 4.3 per cent. The group highlights the results of new kitchen and power tool ranges for the B&Q marketing format. The differences between the two brands in France are striking: whereas Castorama increased like-for-like sales in the first quarter by 1.5 per cent, this same key figure came to 11.2 per cent for Brico Dépôt, or as much as 30 per cent before adjustment. Kingfisher also announces same-store growth for Poland and Italy, but a deficit for Canada.
2002/2003
% total change
% like-for-like change
UK
£ 3.748,1 bn / € 5.586,9 bn
16.6
5.1
France
£ 2.045,2 bn / € 3.048,6 bn
11.5
2.4
International
£ 963.9 m / € 1.435 bn
22.7
5.3
Total
£ 6.7572 bn / € 10.0723 bn
15.8
4.3