Kingfisher H1 Profit Rises, Lifts FY27 Outlook, Starts Third £50M Buyback Tranche

Kingfisher PLC (KGF.L) reported higher first-half fiscal 2027 profit on Sept. 22, 2026, citing margin expansion and cost control alongside slightly higher total and like-for-like sales. The home improvement retailer also raised its full-year fiscal 2027 outlook and will begin the third tranche of its £50 million share buyback program this week. The company attributed the profit gain to improved margins and ongoing cost discipline, with sales growth modest but positive on both a reported and like-for-like basis. No specific earnings figures were disclosed in the announcement. The upgraded guidance and accelerated buyback signal management confidence in the retailer's turnaround trajectory. Kingfisher operates home improvement chains including B&Q and Screwfix.