Earnings release
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19 November 2021 : Kingfisher plc ( ' Company ' , ' Group ' or ' Kingfisher ' ) is today providing its Q3 21/22 sales . Key points Strong sales performance from all banners and categories on a 2 - year basis , across both retail and trade channels ● ● ● ● Expect H2 21/22 LFL sales and full year adjusted pre - tax profit to be towards the higher end of previously guided ranges Strategic execution and supportive new industry trends provide opportunity for sustained long - term growth Commenced £ 300 million share buyback programme ; c . £ 67 million completed so far Unaudited Q3 21/22 sales ( three months ended 31 October 2021 ) ● King sher Q3 trading update to 31 October 2021 Sales of £ 3.2 billion ; LFL ( 1¹ ) down 2.4 % and 2 - year LFL ( 2 ) up 15.0 % ● Continued market share gains , driven by ongoing delivery against strategic priorities Effective management of product availability , logistics and inflation pressures Good start to the fourth quarter UK & Ireland B & Q - Screwfix France Castorama Brico Dépôt Other International ( ex - Russia ) - Poland - Iberia ( ³ ) - Romania ( 4 ) - Other ( 5 ) - Total Group ( ex - Russia ) Russia ( 6 ) Total Group ● Sales % Total 2021/22 Change £ m 1,544 962 582 1,111 570 541 591 420 89 78 3,246 3,246 Reported ( 2.1 ) % ( 5.3 ) % + 3.9 % ( 9.5 ) % ( 12.0 ) % ( 6.7 ) % + 1.2 % + 1.4 % ( 7.3 ) % + 6.4 % n / a ( 4.2 ) % ( 100.0 ) % ( 6.3 ) % % 2 - year LFL % Total % LFL Change Change Change Constant Constant Constant currency currency currency + 15.7 % + 17.1 % + 13.0 % + 14.1 % + 15.7 % + 12.4 % + 15.3 % + 12.7 % + 15.9 % + 29.2 % n / a + 15.0 % n / a + 15.0 % ( 1.9 ) % ( 5.2 ) % + 4.0 % ( 3.5 ) % ( 5.6 ) % + 0.2 % ( 4.1 ) % ( 4.3 ) % ( 6.8 ) % ( 6.1 ) % ( 1.0 ) % ( 2.3 ) % + 9.3 % + 5.3 % + 10.0 % + 4.9 % ( 1.9 ) % + 14.6 % n / a ( 0.8 ) % ( 100.0 ) % ( 3.0 ) % ( 1.9 ) % + 17.2 % n / a ( 2.4 ) % n / a ( 2.4 ) % Strong trading performance ( 2 - year LFL up 15.0 % ) , with growth in footfall and average transaction value Resilient demand against very strong prior year comparatives ; total sales ( ex - Russia ) down 0.8 % in constant currency ( LFL sales down 2.4 % ) Omni - channel engagement remains high with e - commerce sales ( 7 ) 2 - year growth of 133 % ; now 16 % of Group sales Strong momentum has continued into the fourth quarter ; Q4 21/22 LFL sales ( to 13 November ) ( 8 ) on a 2 - year basis up 13.2 % ( LFL up 0.4 % ) 1