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Birmingham Post
Birmingham Post
Business
Simon Neville, PA City Editor & Andrew Arthur

Screwfix owner removes Russian products as profits soar to £1bn

The parent company of Screwfix and B&Q has said it has removed Russian and Belarusian products from its shelves since the start of the war in Ukraine, as it reported soaring profits of more than £1bn.

Kingfisher, which also owns DIY stores in France, Poland, Iberia and Romania, said it was in discussions with suppliers to ensure products were not being sourced from either country, saying they were “shocked and deeply concerned” at the invasion.

The company previously sold its Russian home improvements retail business Castorama Russia in September 2020.

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