Kingfisher, GB0033195214

Kingfisher stock gains 8.83 percent after profit upgrade

Published on 09/22/2026 at 20:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kingfisher stock reached 332.70 pence on September 22, 2026, after first-half profit rose 9.9 percent to GBP 404 million. Guidance also increased.

Fotorealistische Innenansicht eines Baumarkt-Lagers mit Regalen voller Farben und Werkzeug — Kingfisher plc GB0033195214 zeigt fotorealistische Baumarkt-Regale mit Farben, Werkzeug und Holzbrettern im Lager, Illustration mit AI erstellt.

Kingfisher plc (GB0033195214) stock reached 332.70 pence on the London Stock Exchange on September 22, 2026, an 8.83 percent gain after the retailer reported stronger first-half earnings. As Investing.com reported on September 22, 2026, the shares reached their highest level since March 5 after the profit update.

Profit rises to GBP 404 million

Adjusted profit before tax for the six months ended July 31, 2026, increased 9.9 percent to GBP 404 million. Adjusted post-tax profit rose 9.9 percent to GBP 298 million, while profit attributable to shareholders increased 22.6 percent to GBP 290 million, according to Investing.com on September 22, 2026.

Total sales reached GBP 6.86 billion in the first half, up 0.8 percent from GBP 6.81 billion a year earlier. The combination of modest sales growth and faster profit growth points to margin expansion as the main earnings driver.

Full-year guidance moves higher

Kingfisher raised its fiscal 2026/27 adjusted profit-before-tax guidance to GBP 595 million to GBP 635 million, from GBP 565 million to GBP 625 million previously. The midpoint therefore increased by GBP 20 million, while free-cash-flow guidance rose to GBP 480 million to GBP 520 million from GBP 450 million to GBP 510 million, as MarketBeat reported on September 22, 2026.

The first-half result was supported by gross-margin expansion of 70 basis points and GBP 44 million in structural cost savings. The operating mix remains uneven, however: Screwfix helped offset weaker performance at B&Q and in France, while the consumer environment was described as mixed by Morningstar on September 22, 2026.

Stock remains below yearly high

At 332.70 pence on September 22, 2026, Kingfisher stock stood below the 12-month high of 372.30 pence and above the 12-month low of 266.40 pence. The company had a market capitalization of GBP 5.45 billion, a price-to-earnings ratio of 24.38 and a 200-day moving average of 296.99 pence, according to market data reported by MarketBeat on September 22, 2026.

Analyst target reaches 300 pence

Deutsche Bank upgraded Kingfisher from Sell to Hold on September 17, 2026, and raised its price target from 260 pence to 300 pence, according to Sharecast on September 22, 2026. MarketBeat cited an average Hold rating and a consensus price target of 306.62 pence on September 22, 2026.

Stock closes at 332.70 pence

Kingfisher stock was quoted at 332.70 pence on the London Stock Exchange on September 22, 2026, after the 8.83 percent daily increase. The next market debate centers on whether the higher profit outlook can offset weaker demand at parts of the retail portfolio.