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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Sales boost for B&Q and Screwfix owner amid rush for energy-saving products

a smart thermostat
Sales of smart thermostats were up by one-third at Kingfisher-owned stores. Photograph: Kalki/Alamy

The B&Q owner, Kingfisher, has reported higher sales as fears over higher gas and electricity costs boosted demand for energy-efficient products including insulation roll and smart thermostats.

The retail group, which also owns the hardware trade supplier Screwfix, said customers who invested in a raft of energy-saving DIY products helped increase group sales by 0.6% to £3.3bn in the three months to October. When stripping out the impact of the weaker pound, sales were up 1.7%.

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