Kingfisher keeps profit outlook despite soft market hitting B&Q sales

Kingfisher has held its full-year profit guidance despite a dip in first-quarter underlying sales, as a soft home improvement market and a late start to spring weighed on demand at B&Q. The B&Q and Screwfix owner reported a 0.7 per cent fall in underlying like-for-like sales for the quarter to 30 April, against what it...