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The proprietor of B&Q and Screwfix has reported a surge in revenues and income for 2020 as locked-down shoppers acquired caught into residence enchancment, fuelling a nationwide DIY increase.

Kingfisher, which operates about 1,380 B&Q and Screwfix shops within the UK and Eire, reported adjusted pre-tax income of £756m within the yr to 31 March, up a large 634% from £103m the earlier yr.

Total gross sales, together with the group’s operations in nations akin to France and Poland, climbed 7.2% to £12.3bn.

Click on and accumulate gross sales surged 226% and account for greater than three-quarters of all e-commerce gross sales, up from 62% within the earlier monetary yr.

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