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King sher Trading update 14 July 2021 : Kingfisher plc ( ' Company ' , ' Group ' or ' Kingfisher ' ) is today providing an update on Q2 trading to date and is raising its guidance for H1 21/22 LFL sales and adjusted pre - tax profit . Key points Continuing to make significant progress against ' Powered by Kingfisher ' strategic priorities , driving share growth in key markets ● High levels of demand from both new and existing customers continue , across retail and trade Q2 21/22 LFL ( 1 ) sales ( to 10 July ) ( 2 ) down 1.3 % , with corresponding 2 - year LFL ( 3 ) up 22.3 % o Strong 2 - year growth across all banners o Transaction volume and average basket value both up on a 2 - year basis E - commerce sales growth continues to be strong , with 2 - year growth in Q2 21/22 ( to 10 July ) of 188 % Raising H1 21/22 LFL sales outlook to around 22 % ( previous guidance ' mid - to - high teens ' ) Anticipate H1 adjusted pre - tax profit to be ahead of our previous expectations , in the range of c . £ 645 million to £ 660 million ( previous guidance ' c . £ 580 million to £ 600 million ' ) Thierry Garnier , Chief Executive Officer , said : " Kingfisher's performance in the second quarter to date has been ahead of expectations , with positive progress against our strategic priorities continuing to drive share growth in our key markets . " With very strong comparatives from the previous year , we are pleased to see growth being delivered on a 2 - year basis across all categories and channels , with e - commerce sales in particular nearly three times higher than the same period in 2019 . " I am grateful to all our colleagues for their continuous hard work and customer service , enabling our banners to trade safely and to remain well stocked despite the industry - wide supply chain challenges . " With the strong performance in the quarter to date , we now anticipate first half sales and adjusted pre - tax profit to be ahead of our previous expectations . We continue to be encouraged by the supportive long - term trends for our industry and are confident of continued outperformance of our wider markets . We look forward to providing a detailed update on the ' Powered by Kingfisher ' strategy , our performance and full year outlook at our interim results on 21 September . " 1