Kingfisher announced this morning that its UK sales rose 1.4 per cent in the last quarter.
However, while Screwfix posted a healthy 10.6% increase to £442m, sales at B&Q fell 2.8% to £850m.
It said group like-for-like sales fell 1.3% in the three months to the end of October. That compares with a rise of 1.6% in the previous quarter.
“We are operating in a difficult retail environment. We face challenges and we are addressing them,” said Véronique Laury, chief executive.
“We have accelerated our move to an everyday low price strategy and have launched a new marketing campaign to make it visible to our customers, however there is no quick fix,” she admitted.